Pakistan Telecommunication Company Limited (PTCL) on Wednesday has announced its financial results for 9 months ended March 31, 2011 and has earned net profit of Rs 4.972 billion with an earning per share of Rs 0.97 for the same period. During the period PTCL has continued its strategy of innovation and futuristic growth.
By developing new sources of income, on the commercial side, the growth momentum of PTCL remained strong in emerging segments of Broadband and Corporate Services. PTCL remained focused on its strategy by providing multiple solutions to the business and household market segments and extending vital services to other telecom operators in Pakistan. PTCL has special emphasis on high level of customer satisfaction.
President and CEO PTCL Walid Irshaid commenting on the results said, "I am pleased to announce that we remained focused on our strategy of positioning PTCL as the leading integrated telecom company in Pakistan providing multiple solutions to business and household market segments and extending vital services to other telecom operators in Pakistan." He said, "we remain highly conscious of the fact that our success and growth can only come from satisfied customers and it remains our challenge to provide friendly, seamless and prompt customer's service".
PTCL success can be evaluated from the fact that PTCL's Broadband service is the largest and the fastest growing Broadband service with now over 575,000 customers using its DSL broadband services in over 1000 cities and towns across Pakistan. In the quarter ending March 2011, PTCL increased its Broadband DSL market share to almost 90 percent. In addition to this, the Broadband DSL business started contributing over half a billion rupees of monthly revenue to the company's account, making it the highest growth revenue stream in the entire product portfolio of PTCL.-PR