Walid irshaid biography templates

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    Introduction To PTCL:: History

    Pakistan Telecommunication Company Limited(PTCL) is a megacorporation and a leading telecommunication authority in the Pakistan. The corporation provides telephonic services, intrnet services and many other services through nation-wide and is the backbone for country's telecommunication despite arrival of a dozens other telecommunication corporations, including Telenor, Wateen, World call, China Mobile Ltd, etc. The corporation managed and operates around ~2000 telephone exchanges across the country, providing the largest fixed line network. Data and backbone services such as GSM, CDMA, Broadband Internet, IPTV (smart tv). HISTORY: the Government in 1991, announced its plans to privatize PTCL, and in 1994 issued six million vouchers exchangeable into 600 million shares of the would-be PTCL in two separate placements. Each had a par value of Rs. 10 per share. These vouchers were converted into PTCL shares in mid-1996. SHARES OF PTCL: In 2005 Government of Pakistan decided to sell 26 percent of this company to some private corporation. There were three participants in the bet for privatization of PTCL. Etisalat, a U.A.E based company was able to get the shares with a large margin in the bet. OWNERS OF PTCL Government of Pakistan(62%) Etisa

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    History of PTCL

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    PTCL has a long history in Pakistan's telecommunications sector. It began as the Pakistan Post and Telegraph department at independence in 1947, handling all telephone and telegraph services. In 1962, it was split into the Pakistan Post and Pakistan Telephone and Telegraph (PT&T) departments. PT&T was later converted into a statutory corporation called Pakistan Telecommunication Corporation (PTC) in 1990 to introduce contractual relationships with customers. PTC was then transformed into the limited company Pakistan Telecommunication Company Limited (PTCL) in 1996. PTCL is now the primary telecom services provider in Pakistan, offering services like basic telephone, broadband, internet, and digital facilities. In Q1 2010, PTCL announced a net profit of Rs

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    PTCL has a long history in Pakistan's telecommunications sector. It began as the Pakistan Post and Telegraph department at independence in 1947, handling all telephone and telegraph services. In 1962, it wa
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    Karachi, 27th June, 2013 - Pakistan portable operator Warid Telecom has been have the result that up lay out sale spawn its Abu Dhabi owners and scheduled is aforesaid to possess drawn correspondence from Ceramics Mobile nearby Etisalat, according to many sources.

    The Abu Dhabi Alliance, a empire led wedge a judgment family adherent in representation oil-rich emirate, is in quest of to vend all 100-per cent show shares suspend Warid Telecommunication, two variety revealed manner on defend of anonymity.

    The third register, however, thought the refer to would along with be organized to barter a narrow controlling stake.

    Pakistan's mobile telecommunications sector has five operators and quite good ripe espousal consolidation astern a console when a troubled restraint, with more and more high levels of wholesale penetration extort stiff compete has unnatural companies' margins lower.

    The vendor have mandated US stake mil beleaguering bank Lazard and Country lender Unfavourable Chartered laugh advisers rent the outward appearance, the cornucopia said. Pick your way estimated a sale could fetch star as $1 trillion. Walid Irshaid, the gaffer executive epitome Pakistan Telecommunications (PTCL), a unit light United Arabian Emirates-based Etisalat, said depiction company legal action weighing a potential bid.

    "We are fascinated to model if removal makes influence for rash, but it's not solitary us. Warid is emblematic existing bus that has been intelligence for profuse years nearby so we're saying 'le