Pakistan Telecommunication Authority (PTA) has renewed the integrated license of the Pakistan Telecommunication Limited Company (PTCL) for 20 years, effective from January 1, 2021, onwards.
The announcement was made by PTCL on Pakistan stock exchange though a notice of Material Information.
PTCL is the largest fixed line Telecom Company in Pakistan with 2.45 million fixed line connections as per latest data by PTA.
Consolidated revenue of PTCL for the period till September-2020 stood at Rs. 95 billion with a net profit of Rs. 1.5 billion. PTCL has total Balance sheet size of Rs. 354 billion
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