PTCL posts over Rs 131 billion revenue for FY2013

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

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

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

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Telecom revenue reaches Rs 412b in 2011-12

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

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Telenor shows record revenue for Q2-12

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.&

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Telecom sector revenue swells over to Rs 197b

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

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