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Change of Director of Pakistan Telecommunications Company Limited

Karachi, Pakistan Telecommunications Company Limited informed Pakistan Stock Exchange that Syed Hussain Abbas Kazmi has been appointed as Director of the Company with effect from August 30, 2021 in place of Syed Shabahat Ali Shah.

Pakistan Telecommunication Company Limited was incorporated in Pakistan on December 31, 1995. The Company provides telecommunication services in Pakistan. It owns and operates telecommunication facilities and provides domestic and international telephone services and other communication facilities throughout Pakistan. The Company has also been licensed to provide such services in territories of Azad Jammu and Kashmir and Gilgit-Baltistan.

With the largest fixed line network of the country, PTCL offers products and services like high speed Broadband internet, CharJi wireless internet, and Smart TV (IPTV) service, over-the-top (OTT) applications like Smart Link App, Smart TV App and Touch App, and world class digital content like Netflix, iflix and icflix.

PTCL’s enterprise grade platforms like Smart Cloud, Tier-3 Certified Data Centers, Managed Services and Satellite Services are meeting the connectivity needs of organizations and enabling businesses to operate more efficiently. It acts as the communication backbone for the country with largest fiber cable network that spans from Khyber to Karachi and submarine cables connecting Pakistan to the world.

The total number of shares are 3,774,000,000. The Earnings per share is 1.18 in 2020 which was 1.24 in 2019. The Profit after Taxation of the Company is 6,030,365,000 in 2020 which was 6,347,235,000 in 2019.