ISLAMABAD: Pakistan Teleco-mmunication Company Limited (PTCL) Thursday announced its financial
results for the 2nd quarter from 1st October 2010 to 31st December 2010. The company announced a net
profit of Rs 1.94 billion compared to Rs 2.78 billion recorded in the same period last year.
PTCL half yearly net profit for year 2010-11 stood at Rs 4.02 billion compared to Rs 5.35 billion for the
preceding year.
In the first half of the financial year 2010-11, PTCL continued its strategy of innovation and futuristic
growth. By developing new sources of income, on the commercial side, the growth momentum of PTCL
remained strong in emerging segments of Broadband and Corporate Services. PTCL remained focused on
its strategy by providing multiple solutions to the business and household market segments and extending
vital services to other telecom operators in Pakistan.
One of the major highlights of the first half of the current financial year was the launch of IMEWE
submarine cable—13000 kilometer of the most advanced fiber optic submarine cable traveling through three
continents to interconnect South Asia to Western Europe. IMEWE along with PTCL’s previous two
submarine cables namely SMW3, SMW4 hold the status of a “backbone” for country’s telecommunication
infrastructure.
Another big achievement was the launch of PTCL’s Data Centers in Karachi and Lahore, which are
designed and built to accommodate comprehensive data in a secured, managed and climatically controlled
environment. These internationally certified and recognised Data Centres benefit PTCL’s customers in
terms of cost-effesctiveness, efficiently of processes and scalability of needs.
PTCL has also worked on the network expansion in the financial year. The Pakistan Internet Exchange
(PIE) has been expanded by establishing an international presence. PTCL has also planned expansions in
areas, which were not served before through USF subsidy.
In order to address the diversified needs of its customer base, PTCL continued to introduce innovative
products and services based on latest technology. PTCL remained the largest and fastest growing broadband
service provider in Pakistan and has launched 2Mbps Broadband Data Rate for its customers.
PTCL has also been the recipient of the prestigious Consumer’s Choice Award 2010 for its product EVO.
PTCL EVO NITRO wireless broadband service based on 3G technology has revolutionised the internet
experience in the country. In less than a year, EVO has become the country’s fast growing wireless
broadband network with connectivity and roaming in over 100 cities across.
Conscious efforts were made to further facilitate landline customers by expanding the spectrum of available
services and packages. The geographical reach of popular packages was extended to benefit a broader
customer base. PTCL further streamlined its pricing strategy to make it more customer focused by offering
convenient payment plans.
