Pak Datacom

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

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

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. "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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