Nature of Organization or Case Study
Pakistani Telecommunications Company Limited (PTCL) was incorporated in Pakistan on December 31, 1995. The organization commenced business on January 1, 1996. It is listed an all of the three stock exchange in Pakistan. The company was established in order to undertake the telecommunication business that was first offered by Pakistan Telecommunication Corporation (PTC). The business was transferred to PTCL on January 1, 1996 under the Pakistan Telecommunication (Reorganization) Act, 1996, which enable the company to take all of its resources, which include properties, rights, assets, obligations and liabilities of PTC, expect those that have been transferred to the National Telecommunication Corporation (NTC), Frequency Allocation Board (FAB), Pakistan Telecommunication Authority (PTA) and Pakistan Telecommunication Employees Trust (PTET) (Forex PK 2010).
PTLC was chosen by the author because it is considered as one of the largest and biggest companies in the country. Currently, it is servicing innovations and technologies towards millions of people, improving their life. In 2010, the PTCL Group declared its 2009 revenue of Rs 49.4 billion, which was higher by 6%, compare with the last year (Forex PK 2010).
0 comments:
Post a Comment