Tag: revenue

PTCL posts over Rs 131 billion revenue for FY2013

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STAFF REPORT ISB: The PTCL has posted impressive financial results for the financial year 2013 showing a record amount of Rs 131.2 billion (USD 1.29 billion) revenue, while the group’s net-profit stood at Rs. 15.8 billion ($155.02 million). The financial results has recently been announced at the company’s Board of Directors (BoD) meeting recently held in Abu Dhabi, UAE. The company posted revenues amounting to Rs. 81.1 billion while a net profit of Rs. 12.7 billion was also reported…Read More

Grey telephony: PTA saves millions of dollars revenue during Eid days

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STAFF REPORT LHR: The Pakistan Telecommunication Authority (PTA) has successfully blocked hundreds of servers and gateways of international carriers involved in sending illegal or grey telephony calls to grey operators in Pakistan during Eid days. "The action has saved the government from suffering a multi-million dollar loss by detecting grey telephony during the Eid days," said an official of the telecom authority. He said this was done despite lack of resources and some…Read More

Telecom revenue reaches Rs 412b in 2011-12

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STAFF REPORT IBD: The annual revenue of Pakistan’s telecom sector crossed the figure of Rs 411.4 billion during the financial year 2011-12 from its earlier Rs 362.9 billion during 2010-11 showing a growth of 12 percent.According to a report released by the PTA, growth in telecom revenues this year is significant especially when growth rate was marginal during i.e. 5.4 per cent during FY 2011 and 3.1 per cent during FY 2010.The increase in revenues is largely attributed to increase in…Read More

| 12 | 2011 | 412b | reaches | revenue | Rs | telecom

Telenor shows record revenue for Q2-12

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STAFF REPORT IBD: Telenor Pakistan, the country’s second largest cellular company, has posted record quarterly revenue of Rs 23 billion, say the fresh figures released by the Telenor Group.The company registered another 615,000 subscriptions during April-June, ending with 29.9 million subscribers, a growth of 12 per cent over the same quarter last year. The company’s EBITDA margin observed an impressive year-to-year growth of 26 per cent, while market share remained stable at 24 per cent.&…Read More

Telecom sector revenue swells over to Rs 197b

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article image STAFF REPORT IBD: Half yearly revenues of the telecom sector have reached all-time high of Rs 197.68 billion during the first half (July-December 2011) of current financial year. The second quarter revenues for telecom sector stood at 99.4 billion, that’s all time high in a quarter, registering a growth of 9.1 percent over the corresponding quarter in previous year.The statistics of PTA show that this growth in telecom revenues, despite declining ARPUs and stiff competition, is due to higher…Read More

3G can generate $5 billion more revenue

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article image STAFF REPORT KHI: Chairman PTA, Dr. Mohammed Yaseen, has said that for launching the 3G technology Pakistan is facing regulatory, technology and economic challenges. Our market driving factors are high speed integrated and interactive services for which our cellular network is merging towards the 3G and Core and access networks towards IP and NGN Platforms.He expressed these remarks while addressing the recently held 5th Pakistan 2012 Telecommunication conference, organized by Shamrock and was…Read More

PTCL secures revenue growth

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article image STAFF REPORT IBD: PTCL has gained net profit of Rs 2.84 billion in its half-year earnings made during the financial year 2011-12 for the period ended on December 31, while also showing a growth of 7 per cent in revenue."PTCL’s profits and revenue growth during the first half of FY2011-12 is a strong indicator of our dynamic corporate direction as well as our customers’ continued satisfaction and trust," said PTCL CEO and President, Walid Irshaid, after a meeting of the company’s…Read More