PTCL

Pakistan Telecommunicaton Company Limited (PTCL)
Native name
پاکستان ٹیلی کمیونیکیشن کمپنی لمیٹڈ
Company typePublic
PSXPTC
KSE 100 component
IndustryTelecommunications
Founded14 August 1947 incorporated 1995[1]
Headquarters,
Pakistan
Key people
Hatem Bamatraf (President and Group CEO)
Products
RevenueIncrease Rs. 188.074 billion (US$650 million) (2023)
Increase Rs. −1.375 billion (US$−4.8 million) (2023)
Decrease Rs. −15.544 billion (US$−54 million) (2023)
Total assetsIncrease Rs. 643.598 billion (US$2.2 billion) (2023)
Total equityDecrease Rs. 58.180 billion (US$200 million) (2023)
OwnerPresident of Pakistan (62%)
Etisalat (26%)
Number of employees
15,008 (2023)
SubsidiariesUfone
UPaisa
Websiteptcl.com.pk
Footnotes / references
Financials as of 31 December 2023 [2]

Pakistan Telecommunication Company Ltd., commonly known as PTCL (Urdu: پاکستان ٹیلی کمیونیکیشن کمپنی لمیٹڈ) is the national telecommunication company in Pakistan.[1][3] PTCL provides telephone and internet services nationwide and is the backbone for the country's telecommunication infrastructure. The corporation manages and operates around 2000 telephone exchanges across the country, providing the largest fixed-line network. Data and backbone services such as GSM, HSPA+, CDMA, LTE, broadband internet, IPTV, and wholesale are an increasing part of its business.

Originally a state-owned corporation, the shareholding of PTCL was reduced to 62%, when 26% of shares and control were sold to Etisalat Telecommunications while the remaining 12% to the general public in 2006 under an intensified privatization program under Prime Minister Shaukat Aziz. However, the 62% of shares still remain under the management of government-ownership of state-owned corporations of Pakistan.[4]

  1. ^ a b [1] Company Profile of Pakistan Telecommunication Company Limited (PTCL) on Financial Times (UK newspaper), Retrieved 9 December 2017
  2. ^ "PTCL Annual Report 2023" (PDF). Ptcl.com.pk.
  3. ^ PTCL and Netflix sign collaboration agreement Dawn (newspaper), Updated 31 October 2016, Retrieved 9 December 2017
  4. ^ "'Etisalat eager to resolve $800m payment issue'". Dawn.