PTCL Group Earned 130 Billion Income in the Year 2014
Islamabad (Wednesday, February 11, 2015) – Pakistan Telecommunication Company Limited (PTCL) Board of Directors has announced the one year financial statement of the company for the ended year of 2014.
According to the statement PTCL group has got net income of One Hundred and Thirty (130) Billion Rupees. BoD also announced the final cash dividend of 25%.
This whole improvement in company income is due to Fixed broadband (DSL) and wireless broadband. The net increase in Broadband remained 34 percent. In previous year fire in Egerton road Lahore exchange took place, which cause billions of rupees damage of telecom equipment. Flood in Punjab river side area also causes damage. PTCL also launched third phase of its VSS scheme to offload human capital and cost billions of rupees extra.