Jan 17

Dr. Alvi orders action over misconduct with 82-year taxpayer

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 […]

by Mrs. Anjum Shahnawaz

PTCL Group wins GDEIB award in five categories

Jan 10

IT & Telecom

PTCL Group wins GDEIB award in five categories

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 […]

by Mrs. Anjum Shahnawaz

Ufone signs Rs21 billion agreement for 4G spectrum

Nov 3

IT & Telecom

Ufone signs Rs21 billion agreement for 4G spectrum

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, […]

by Hamza Shahnawaz

PTCL registers 7.3% revenue growth for nine months

Oct 20

Corporate, IT & Telecom

PTCL registers 7.3% revenue growth for nine months

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. […]

by Mrs. Anjum Shahnawaz

PTCL, Dell to launch Azure Services in Pakistan

Sep 16

IT & Telecom

PTCL, Dell to launch Azure Services in Pakistan

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, […]

by Faisal Shahnawaz

PTCL declares 38% growth in net profit for first half

Jul 14

Corporate, IT & Telecom

PTCL declares 38% growth in net profit for first half

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 […]

by Mrs. Anjum Shahnawaz

PTCL declares 5pc decline in annual profit to Rs6.03 billion

Feb 10

Corporate, IT & Telecom

PTCL declares 5pc decline in annual profit to Rs6.03 billion

KARACHI: Pakistan Telecommunication Company Limited (PTCL) on Wednesday announced a five percent decline in annual profit for the period ended December 31, 2020. According to financial results, the company announced after tax profit of Rs6.03 billion for the year 2020 as compared with the profit of Rs6.35 billion in the preceding financial year. The company […]

by Mrs. Anjum Shahnawaz

PTA renews PTCL’s license for next 25 years

Jan 13

IT & Telecom

PTA renews PTCL’s license for next 25 years

The Pakistan Telecommunication Authority (PTA) has officially renewed the operational license of the Pakistan Telecommunication Company Limited (PTCL) for the next 25 years.

by Mrs. Anjum Shahnawaz

Jan 7

IT & Telecom

PTCL signs deal to launch Avaya Spaces

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) will launch Avaya Spaces, the all-in-one workstream collaboration app for the digital workplace, for the first time in Pakistan. In this regard the PTCL has signed a partnership agreement with Avaya Holdings Corp (NYSE: AVYA). The partnership will enable organizations to implement blended and flexible environment for their employees, […]

by Mrs. Anjum Shahnawaz

PTCL awarded optic fiber cable projects worth Rs3 billion

Jan 4

IT & Telecom

PTCL awarded optic fiber cable projects worth Rs3 billion

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has been awarded two optic fiber cable projects worth Rs3 billion for providing connectivity in various districts of Sindh province. The Universal Service Fund (USF) has awarded two Optic Fiber Cable (OFC) project contracts worth approximately Rs3 billion to PTCL for providing connectivity in Ghotki, Kashmore, Sukkur & Khairpur […]

by Mrs. Anjum Shahnawaz