PTCL Revenues Up by 8 Percent During 1st Quarter

There comes positive news from PTCL’s end that it has managed to increase its revenues by 8 percent and net profit by 6 percent during the first quarter of current fiscal year.

Waleed Arshad, President of PTCL, had a special press briefing last day, where he announced that in first quarter of the current fiscal 2008-09, total revenue of PTCL remained Rs 16.6 billion which increased by 8 percent as compared to corresponding period of last year.

Similarly total net profit of PTCL almost touching an increase of Rs 3.2 billion which is increased by 6 percent.

There came another killing news for ISPs that PTCL’s free internet service at night will remain applicable for unlimited period of time. While Green White recently reported that Pakistan Telecommunication Authority has decided to examine the validity of PTCL’s free dial-up service. Report said that PTA Chairman directed this on complaint of ISPs.

On other hands, Mr. Waleed Arshad said that PTCL’s free internet is not regularized while PTA was informed in advance.

Tech reporter with over 10 years of experience, founder of ProPakistani.PK