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PTCL’s revenues mount 5.3% at September’08 end (Pakistan)

  • December 5th, 2008
  • 8:06 am

Pakistan Telecommunication Company Limited (PTCL) has announced its financial results for the three months ended 30 September 2008. PTCL posts a rise of 5.5% to US$40.8 million in net profit. The operator has also reported a rise of 5.3% to PKR16.6 billion in revenues. The increase in revenue was driven by an increase in domestic long-distance and international outgoing and incoming calls. Regardless of an increase in financial charges, the operating cost of the company dipped by 0.6%.

Smart TV sevice for broadband and telephony subscribers (Pakistan)

  • August 19th, 2008
  • 10:51 am

PTCL instigated Smart TV, an IPTV service which will be available to broadband and telephony subscribers in a bundled package. Initially this service will be available to households in Karachi, Lahore and Islamabad and over the time it will be extended to other cities.

Features of the TV service include:

  • Time-shifting
  • Parental controls
  • Video-on-demand
  • Wide range of music, sports, news, entertainment
  • Channel for children

Three bundles are available they are 0.5 Mbps for PKR 1,499, 1 Mbps for PKR 2,299 and 2 Mbps for 5,299. First five on-demand videos are offered free, and additional titles cost PLR 50 each. Customers have to buy a set-top box upfront for PKR 9,995.

PTCL profit slumps 25% (Pakistan)

  • September 17th, 2007
  • 3:37 pm

Pakistan Telecommunication Co Ltd (PTCL) has reported a 24.7% fall in net profit for the year ended 30 June 2007, as rising competition led to a drop in revenues from call traffic. PTCL generated a net profit of PKR15.64 billion (USD258 million) compared to the previous year’s figure of PKR20.78 billion. PTCL’s turnover fell 5.5% to PKR65.28 billion, while operating costs rose 11.7% to PKR46.56 billion, thanks to a rise in marketing costs and property rents.

UAE-based Emirates Telecommunications Corp (Etisalat) has a 26% controlling stake in PTCL. Last week the Gulf operator said it was considering doubling its stake in the company.

   
 

 

Etisalat may double PTCL stake (Pakistan)

  • September 10th, 2007
  • 2:48 pm

Etisalat has revealed it is considering doubling its stake in Pakistan Telecommunications (PTCL) to 51%. ‘We are evaluating that option and once we’ve arrived at the decision that this is positive, we will talk to the (Pakistani) government,’ Chairman Mohammed Hassan Omran told . He declined to say when the decision might be made.

In 2005 Etisalat bought a 26% stake in PTCL for USD2.6 billion under an agreement that gives it management control.

   

 
 

PTA to establish 400 telecentres in Pakistan’s rural areas

  • February 6th, 2007
  • 12:05 pm

Telecompaper writes…The Pakistan Telecommunication Authority (PTA) has launched a telecentre project called ‘Rabta Ghar’ in rural areas across Pakistan. Under the first phase of the scheme, PTA along with other telecom operators will establish 400 telecentres for which equipment worth PKR 50,000 each will be provided free of cost. The telecom operators sponsoring ‘Rabta Ghar’ include PTCL (100), Mobilink (100), Ufone (50), Instaphone (15), Intel (10), Worldcall (payphones in all Rabta Markaz) and PTA (125) bringing the total to 400. A ‘Rabta Ghar’ (telecentre) is a small business set-up that provides PCO, internet, fax, printing and scanning services to small communities. These telecentres will be provided to those individuals who are unemployed with at least intermediate qualification and have a shop or room of minimum 10×12 ft. Individuals from villages/union councils will be considered for ‘Rabta Ghar’ where the population is 4,000 to 10,000 and no public telephone or net cafe facility in the radius of 5 km is available. PTA has also arranged free delivery, installation and training of the ‘Rabta Ghar’ equipment on the premises of the selected individuals by Intel through its genuine Intel dealers (GIDs). Applications have been invited from eligible candidates before 15 February.