Pak Datacom
Pak Datacom is a Pakistani company which provides telecommunication services.[1]
Type | Public |
---|---|
PSX: PAKD | |
Industry | Telecommunications |
Founded | 1992 |
Headquarters | Islamabad , |
Area served | Pakistan |
Key people | Syed Zulfiqar Ali |
Revenue | Rs. 654.6 Million (2013)[1] |
Parent | Telecom Foundation (55%)[1] |
Website | pakdatacom |
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
- "Pak Datacom struggles as profit goes down - The Express Tribune". 19 November 2016.
- "Corruption and intrigue surface in Pak Datacom saga". The Express Tribune. July 5, 2012.
- Reporter, The Newspaper's Staff (24 December 2016). "Pak Datacom gets new CEO as stay vacated".
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