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The Pakistan Telecommunication Company Limited
The Pakistan Telecommunication Company Limited
The Pakistan Telecommunication Company Limited
History Of PTCL:
Posts and Telegraph department was introduced in 1949 where as Telegraph and telephone
department was introduced in 1962. PTCL has been playing a key role in Pakistan's
telecommunications industry. PTCL was privatized in 1991 and in 1994 the government
distributed six million vouchers convertible into 600 million shares of the proposed PTCL in two
separate placements. In 1995 about 5%of PTC assets were transferred to PTA , FAB and NTC.
In 1996 PTCL was formed and listed on all stock exchanges of Pakistan. In 2001, PTCL
established its mobile and data services subsidiaries, Ufone and PakNet, respectively. None of
the brands finished first in their respective competitions. Ufone, on the other hand, has recently
grown its market share in the cellular industry. Over time, the PakNet brand basically
disintegrated. In 2003 the telecom deregulation policy was announced. In 2005, the
government agreed to sell 26 percent of the firm to a private entity. There were three bidders in
the PTCL privatization auction process. Etisalat, an Abu Dhabi-based corporation, was able to
secure the shares with a significant margin in the auction. . As of 2019, Etisalat had withheld
$800 million due to a property-transfer dispute with the Pakistani government.
Misson and Vision statement of PTCL
The mission statement of PTCL is as follows: “To be the partner of choice for our customers,
to develop our people and to deliver value to our shareholders.” From the mission statement of
PTCL we notice that
Where as the vision statement of PTCL is as follows: “To be the leading and most admired
Telecom and ICT provider in and for Pakistan” The vision statement states that
The future is taking shape all around us. We will be the connection that facilitates worldwide
connection in the future. We are working hard to mobilise the globe for the future. We are ready
to design a future that delivers telecommunication that bring us closer together by collaborating
on innovation.
Weakness of PTCL
Following are the weakness of PTCL
• The quality of service provided to the customer is deplorable and inefficient, particularly the
Internet service.
• A shortage of technical personnel in DSL technical assistance.
• A lack of organizational structure.
• There is no clear strategic direction.
• There have been no research and development program
• Functional units are disorganized.
• Poor promotion of new services.
• Bad debts incurred as a result of missed bill payments.
• Inadequate income per user.
• Political involvement in decision-making.
• Low client retention rate. Over-hiring has resulted in additional staff overhead.
• Extremely poor staff morale.
PTCL opportunities:
Following are the opportunities for PTCL
PTCL Threats:
Following are the Threats to PTCL
• External factors that may be detrimental to attaining the goals. Threats to PTCL
• Telecommunications firms pose a significant threat.
• New entrants into the industry.
• Management's inconsistency in making judgments.
• . Security and fraud concerns
• The occurrence of cybercrime is rising.
• Political insecurity. Inflation in the country