Karachi, July 19, 2023 – Pakistan Telecommunication Company Limited (PTCL) announced a staggering 54 percent decline in net profit for the quarter ending June 30, 2023.
KARACHI: Pakistan Telecommunication Company Limited (PTCL) on Monday declared 39 per cent growth in its net profit for the half year ended June 30, 2022. According to half yearly financial results submitted to Pakistan Stock Exchange (PSX), the after tax profit of the country grew to Rs5.2 billion during the period January 01, 2022 to … Read more
ISLAMABAD: The Ministry of Information Technology and Telecommunication (MOITT) has launched seven more projects worth over Rs8 billion to provide broadband services to over 2.5 million people in the un-served and under-served areas of the four provinces. Out of total amount for the projects around Rs 3.5 billion projects allocated for Balochistan, according to a … Read more
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL), posted seven per cent growth in its revenues for the year 2021, which is eight-year high or the highest revenue growth since 2013. The revenue growth may be attributed to a robust commercial strategy which cements its market standing. According to a statement issued on Friday, the company announced … Read more
ISLAMABAD: The President of Pakistan, Dr. Arif Alvi, expressed dismay over misconduct of tax authorities with an 82 year old taxpayers in a refund case. Dr. Alvi directed the chairman of the Federal Board of Revenue (FBR) to look into the entire system of irresponsibility and corruption and take punitive action against the entire chain … Read more
ISLAMABAD: PTCL Group has won the prestigious Global Diversity, Equity, and Inclusion Benchmark (GDEIB) Award in five categories in recognition of its forward-looking human resource practices and work culture. The achievement highlights the Group’s standing as a progressive and wholly employee-centric organization with unique attributes that have been validated previously as well, a statement said … Read more
ISLAMABAD: Pakistani Telecom Company, Ufone has secured its largest syndicated financing facility jointly led by MCB Bank Limited (MCB) (Agent bank), Allied Bank Limited (ABL), Bank of Punjab (BoP), National Bank of Pakistan (NBP), and United Bank Limited (UBL) to fund the acquisition and rollout of its 4G services across Pakistan. President and Group CEO, … Read more
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) has posted a significant 7.3 per cent growth in its revenues due to a robust commercial strategy that cements its market standing. The company has announced its financial results for the nine months period ended on September 30, 2021 at its Board of Directors’ meeting on October 18, 2021. … Read more
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) is collaborating with Dell Technologies to introduce the industry-first Azure Cloud Computing Services in Pakistan. The latest service will help PTCL enterprise customers to leverage technology for reaching their full business potential. The agreement was signed by Sayyed Muhammad Imran Ali, EVP, Digital Services, PTCL and Naveed Khan, Director, … Read more
KARACHI: Pakistan Telecommunication Company Limited (PTCL) on Wednesday announced 38 per cent growth in net profit for the half ended June 30, 2021. The telecom company announced Rs3.74 billion as net profit for the period January – June 2021 as compared with Rs2.7 billion in the corresponding half of the last year. The company announced … Read more