PTC Revenue Grows Despite Tough Competition in Cellular Market
Pakistan Telecommunication Company Limited (PTC) reported earnings of PKR 1.13bn (EPS: PKR 0.22) on consolidated basis in 2QCY18, which brought half year earnings to PKR 2.14bn (EPS: PKR 0.42). PTC’s Board of Directors also announced an interim dividend of PKR 1.00/share. According to disclosures in the analyst briefing held yesterday, the company’s revenue from Wire line Data Segment posted a growth of 6% YoY to clock in at around 6.74bnin 2QCY18. The company’s revenue from Wire line Data segment increased due to increase in Average Revenue per User (ARPU) and its average customer base. Further, Ufone’s subscriber base too increased, leading to growth in revenue. Meanwhile, Ubank increased its branch network to 130 locations.
Pakistan Telecommunication Company Limited. Pakistan Telecommunication Company Limited (PTCL) is a Pakistan-based telecommunication operator. The Company offers personal and business services. Its personal services include voice, such as Freedom Unlimited Package, Freedom Plus Package, U Freedom Package, PTCL Utalk Offer, SmartLink, Vfone Tariffs and Vfone Ring Back Tone Service; broadband Internet, such as Lagataar Offer, Broadband Packages, Power Pack, PTCL Videocon and iSentry; wireless broadband, such as Charji EVO, EVO Wingle 9.3, EVO Nitro Cloud, EVO Wireless Upgrade Offer, EVO 3.1 Packages and EVO PSTN Offer, and smart television, such as Smart television and Smart television application. Its business services' products and services include PTCL Cloud (Infrastructure as a Service (IaaS)), PTCL Smart Cloud (Software as a Service (Saas)), managed services, and carrier and wholesale. Its solutions include hosted solution and business connectivity. It also offers international business and business communication services.
Ismail Iqbal Securities (Private) Limited (IISPL) is a TREC holder of the Pakistan Stock Exchange, as well as an SECP registered Underwriter and Book Runner. IISPL provides comprehensive financial services including Equity Sales, Research on Equities and the Macro-Economy, Investment Advisory, Portfolio Management, Corporate Finance, and extensive services for Private Equity investors. IISPL services a diversified client base, from Institutional to Retail Investors including High Net worth Individuals.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.