Tag: Ptcl

PTCL inaugurates data centre

LAHORE - Pakistan Telecommunication Company Limited (PTCL) has established a datacenter in Lahore, which is the first certified data storage bank installed by an international body, EPI, that would provide advanced products and services backed by engineering and technical support for the government and enterprise markets in Pakistan.
Punjab Chief Minister Mian Shahbaz Sharif inaugurated the PTCL Data Centre in Wafaqi Colony here on Friday. Shahbaz Sharif, while speaking on the

PTCL tightens grip on broadband sector

KARACHI - Pakistan Telecommunication Company Limited (PTCL), on the back of its fixed line infrastructure, continues to hold the largest share in Digital Subscribe Line (DSL) market segment, as its share has grown from 76 percent in Financial Year 2009 to 88.5 percent in FY10 as its customer base more than doubled to reach 422,000.
Moreover, the company under Universal Service Fund (USF) was allocated a project to provide 64,000 new DSL connections in the rural areas of Southern

PTCL administration expenses to fall 17 percent by FY12

KARACHI - The Pakistan Telecommunication Company Limited (PTCL) is expected to face a 17 percent decline in its admin expenses in the Financial Year 2012, while the consolidated operations, including Ufone's, the company reflected plausible growth prospects.
Under the agreed terms of Sales Purchase Agreement (SPA), Etisalat is allowed to charge technical service fee at 3.5 percent on the consolidated revenues of the company for a period of five years, commencing from October

SC dismisses appeals by PTCL employees

ISLAMABAD - The Supreme Court on Thursday dismissed dozens of appeals filed by the employees of Pakistan Telecommunication Company Ltd (PTCL), seeking benefit of Voluntary Separation Scheme (VSS).
A three-member Supreme Court bench, comprising Chief Justice Iftikhar Muhammad Chaudhry, Justice Tariq Parvez and Justice Ghulam Rabbani, announced the judgment which had, earlier, been reserved. The employees had applied for the benefit of VSS but were denied on the ground that they

PTCL shares experience slow growth

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has shown laggard price performance with share price up 2.4 percent in the quarter to date, compared to the broader market rise of 17.7 percent, mainly due to margin erosion particularly on salary concerns. Moreover, the delays in Universal Service Fund (USF) projects amid flood damages and bureaucratic issues in USF setup, lack of development on the resolution of the real estate issue, and Etisalat's expected increase in its

PTCL, World Call lose subscribers in FY09-10

KARACHI: Pakistan Telecommunication Company Limited (PTCL) and World Call have lost 109,853 and 2,360 subscribers, respectively, in basic telephony services during the fiscal year 2009-10. Annual report of the Pakistan Telecommunication Authority (PTA) for FY09-10 disclosed that local loop segment underwent a dip of one percent in local loop subscribers.
However, PTCL still retains the virtual monopoly in both fixed and wireless local loop services as the company has maximum

PTCL wins fiber optics contract

Karachi: A 120-kilometer long fiber optic project for 36 cities of Northern Punjab has been won by Pakistan Telecommunication Company Limited (PTCL).
The technical evaluation of fiber optic project for Balochistan has been concluded, part of the effort to bring the cutting edge of technology to what has been a traditionally a peripheral area, Pervaiz Iftikhar, acting Chief Executive Officer (CEO) informed Pakistan Today.
Wateen and PTCL both have equal opportunity to