Pak Datacom
TypePublic
PSX: PAKD
IndustryTelecommunications
Founded1992 (1992)
Headquarters
Islamabad
,
Area served
Pakistan
Key people
Syed Zulfiqar Ali
RevenueIncrease Rs. 654.6 Million (2013)[1]
ParentTelecom Foundation (55%)[1]
Websitepakdatacom.com.pk

Pak Datacom is a Pakistani company which provides telecommunication services.[1]

It is listed on the Pakistan Stock Exchange.[1]

History

The company was incorporated as a private limited company in July 1992 but later converted into a public limited company in June 1994.[1]

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

Ownership

The Telecom Foundation owns 55% shares which works under the Ministry of Information Technology. While other 45% is owned by foreign and private investors.[1][3]

References

  1. 1 2 3 4 5 6 "Pak Datacom struggles as profit goes down - The Express Tribune". 19 November 2016.
  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".
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