Ufone Profits up by 57%, Revenues 14% in FY11

Ufone recorded outstanding growth of 57 percent in profits and 14 percent in revenues because of substantial cost savings in the financial year 2010-11 , Pakistan Telecommunication Limited (PTCL) annual report said.

According to Telecom Recorder estimates, Ufone profits increased to Rs 2.66 billion whereas revenues surged to Rs 56 billion in the financial year 2010-11 ended on June 30. Compared to the previous year, the earnings per share (EPS) increased to Rs. 6.36 from Rs. 5.20 of last year.

Annual report said that in spite of adverse economic conditions hampering growth in the country, Ufone continued to modernize its network with various upgrades and improve effectiveness of the supply chain resulting in superior quality of customer service.

These measures, inter-alia, encompassed initiatives like aggressive network co-location saving sizeable amounts of CAPEX and implementation of 1-SIM concept in the regions reducing inventory management complexities. Also, the customers were further facilitated by expanding IVR, USSD and Online Self Care based platforms with re-engineered processes reducing turnaround time.

PTCL’s financial report unveiled that there are currently 25,000 “Ushops” and “Ustars” serving the customers, which by far is the largest and most effective network of sales and service points in Pakistan.

You can download PTCL’s annual report for year 2011 by clicking below links:

  • sub k balance aise e katity phirty hain to profit to increase hoga e na ufone walo ka. Kch sharm kro ufone walo or naajaez balance kaatina band kro..

    • bhai g tusi v kuj sharm kro tay netwok badal lo changi gal hegi ay…muftay v tusi landay o ganta ganta girl frnd da nal gapan la k hun o balance v na katan….me tay network badal v lita….

  • Frequent call drops & over-charging are norms @ufone. Definately the worst network in terms of service quality.

  • I am customer of Ufone as well as Mobilink. In my opinion the leval of services is almost same.

    Regarding the financial figures, here i must say that UFONE is much better than PTCL (parent company). Congratulations UFONE

  • Well said amit , meray sath b as he hova ha . ufone without any transaction balance deduct kerta ha daily ka 3 rupees and something pasas. main nay several time help line pay call ki but unko abi tak ya identify nahi ho saka ka balance kis cheez ka deduct ho raha ha akhir at last wo ya kh k jan chura lyta han ka aap ki request concerned department ko send ker dia gae ha withing 48 hours u issue will be resolved but phir b resolve nahi hot. ya mera sath aik dafa nahi hva kafi dafa ho chuka ha aur same reply hota ha unka

  • Well you all are wrong.Ufone management is most corrupt management In Pakistan. They are cutting commission check , and putting that money in ther profit dirty very dirty . Their franchisees can’t even pay they electric bills . Ufone not only killing franchisees but also it’s customers .

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