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Pak Datacom

From Wikipedia, the free encyclopedia
Pak Datacom
Company typePublic
PSXPAKD
IndustryTelecommunications
Founded1992; 32 years ago (1992)
Headquarters
Islamabad
,
Area served
Pakistan
Key people
  • Syed Zomma Mohiuddin (Chairman)
  • Syed Zulfiqar Ali (CEO)
RevenueIncreaseRs. 1.362 billion (US$4.7 million)[1] (2023)
Increase Rs. 399.13 million (US$1.4 million)[1] (2023)
Increase Rs. 289.86 million (US$1.0 million)[1] (2023)
Total assetsIncrease Rs. 2.05 billion (US$7.1 million)[1] (2023)
Number of employees
193[1] (2023)
ParentTelecom Foundation (55.08%)[1]
Websitepakdatacom.com.pk

Pak Datacom is a Pakistani company which provides telecommunication services.

It is listed on the Pakistan Stock Exchange.

History

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The company was incorporated as a private limited company in July 1992 but later converted into a public limited company in June 1994.

In 2012, Pak Datacom's CEO, Salman Elahi Malik, was removed from the office for corruption.[2]

Ownership

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The Telecom Foundation owns 55% shares which works under the Ministry of Information Technology. While other 45% is owned by foreign and private investors.[3]

References

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  1. ^ a b c d e f "Pak Datacom Annual Report 2023" (PDF). www.pakdatacom.com.pk.
  2. ^ "Corruption and intrigue surface in Pak Datacom saga". The Express Tribune. July 5, 2012.
  3. ^ Reporter, The Newspaper's Staff (24 December 2016). "Pak Datacom gets new CEO as stay vacated".