Pakistan Telecommunication Company Ltd (PTCL) has announced its financial results for the third quarter ended on 31st March 2010 in their meeting of the Board of Directors on Thursday. The company has announced a net profit of Rs 2.51 billion compared with Rs 1.91 billion recorded in the 3rd quarter last year, i.e. 31 percent growth compared to the same period last year. On consolidated period for 3 quarters (9 months) from 1st July 2009 to 31st March 2010, the net profit is Rs 7.86 billion compared to Rs 7.22 billion for the same period last year.
PTCL has witnessed a landmark success in reinventing itself from a state-run organization to a competitive private sector organization. On this journey, PTCL has repositioned itself as Pakistan’s only integrated telecom service provider offering bundled voice data, Internet and IPTV services at highly competitive rates.
PTCL success can be evaluated from the fact that its broadband Pakistan has become the largest broadband service in the country covering over 1000 cities countrywide with 80 percent market share. With the launch of EVO, PTCL has become the first 3G wireless broadband service provider in the country. PTCL has also won more than 50 percent of all USF projects, the most significant for the provision of broadband in the under served areas. To provide valued services to its customers, PTCL has also established the first international standard largest data center in Pakistan. Moreover, to cater the demand of the market and as part of its on-going infrastructure development, PTCL has established Network Operations Center (NOC). staff report