PTCL Report Final
PTCL Report Final
PAKISTAN TELECOMMUNICATION
LIMITED
SUBMITTED TO: SIR QAMAR-U-DIN MATILO
CORPORATE VISION:
CORE VALUES:
Professional Integrity
Teamwork
Customer Satisfaction
Loyalty to the Company
COMPANY PROFILE:
Pakistan Telecommunication Company limited is the renowned and the leading
company of telecommunication industry. It is main communication authority in
Pakistan that is partly government owned and partly privatized. The corporation
provides telephonic and internet service nationwide and is the backbone for the
countrys telecommunication infrastructure despite the arrival of a several other
telecommunication corporations. It manages and operates around 2000 telephone
exchanges across the country, providing the largest fixed-line network. Data and
backbone services such as GSM, HSPA+.CDMA, LTE broadband internet, IPTV, and
wholesale are an increasing part of its business.
In the year 1962 a department was established with the name Pakistan telephone
and telegraph department the service was firstly provided as state owned entity
later in 1991 the government took the decision to privatize the PTCL. In 1994
government issues vouchers which are convertible in to shares then government
worked on it and in 1996 shares are given to people holding vouchers.
Later in 2005 government decides to fully privatize the PTCL and sold the shares to
Etisalat which led country wide protests and strikes by the PTCL workers. They
disrupted many connections of public sector buildings then military overtook the
control of exchanges and arrested many workers. All this ended up with a 30%
increase in the salaries of the workers.
The company remained the largest telecommunication provider in Pakistan even
facing so many terrible situations. It has also potential to add some value in to the
growth of the Pakistan economy. It has also launched many new technology
oriented services and products for meeting consumers demands in a very effective
way. PTCL has laid optical fiber access networks in the major metropolitan centers of
Pakistan.
benefits to the stake holders as well who are directly and indirectly engaged in the
business. Its responsibly of every organization to take care of the place where they
are running their business as well as take care of the people who are living near by
the business operations.
The concept of CSR suggests many things for the betterment and improvement of
the living standards of the society. It is heavily followed by the developed countries
where as developing countries is also moving towards developing more activities
regarding CSR. The core motive of the CSR activities is to provide benefit to the
economy by creating healthy environment and efficient enough business to lead in
the worlds market.
CSR can be done through many ways, generating employment to eradicate poverty,
creating educational opportunities to change life style of the people, earning
enough profit to increase the wealth of the shareholders ultimately to strengthen
the entity so that it can lead in the world market.
CSR can encompass a wide variety of tactics, from giving nonprofits organizations a
portion of a companys proceeds, to giving away a product or service to worthy
recipient for every sale made. The CSR is fully based on three mail things that are
environment, philanthropy and ethics. It is every organizations responsibility to
create healthy environment especially in the area where they are operating, like
many renowned companies are already doing it the few examples are, coke, wall
mart, and here in Pakistan we can count on PTCL. And when it comes to
philanthropy businesses also practice social responsibility by donating to national
and local charities for the sake of the happiness of the people. Whether it involves
money or time, businesses have a lot of resources that can benefit charities and
local community programs. If we see the CSR in the ethical labor practices view we
can see many practices of the businesses who are doing business taking very much
care of the ethical practices in their organizations by treating employees fairly and
ethically, companies can also demonstrates their corporate social responsibility.
This is very much true for the organizations that are following labor laws that are
accepted worldwide.
While looking from the every side of the CSR, as its really vast view to be defined
us come to the conclusion thats its main theme is to provide benefits to the two
main bodies of the universe that are PEOPLE and PLANET. The whole CSR is
surrounded by these two bodies.
society in 2011. They sponsor in the Education, contribute in Health and Safety,
Help to flood victimized, and Environment.
We also organized the blood donation campaign with the collaboration of Pakistan
Red Crescent Society for the patient of Thalassemia, in which many employees
donate the blood to save the lives of their nation.
ENVIRONMENT:
PTCL initiated a tree plantation campaign and more than three hundreds plants
were planted in the PTCL residential colonies. PTCL was awarded the 8th
Environment Excellent Award 2011 by the National Forum of Environment and
Health.
EDUCATION:
PTCL gives the donation of Rs.10 million to Danish School. This is a project of Punjab
Government to provide free modern education to the children that are under
privilege areas. We also sponsor to many universities for their social awareness
events.
EDUCAITON:
We opened the door of great opportunities of internship for the youth that are
getting education in the different universities across the Pakistan. We offer the paid
internship of one year program for the student in which 500 candidate had been
facilitated in 2012 at different department in PTCL such as Electrical Engineering,
Mechanical Engineering, HR department, financial department and Marketing and so
on. By this program students get the experience and opened the door of
opportunities for the job across the Pakistan. Students get the brighter job
opportunities in the future. Moreover, a comprehensive. Moreover, Triple E Intern
Engagement Program was put into practice to encourage and professionally develop
the internees during their tenure at PTCL. Our contribution is to develop a capable
work force from our society to benefit the graduates who find it difficult to secure
jobs in the market.
SPORTS:
Pakistan Telecommunication Company limited also sponsored in the area of Sports
and Play. PTCL sponsored Kainat Public School on the sports day to make the
awareness of extracurricular activities among the youth of Pakistan.
HEALTH:
PTCL has partnered with Pharm-Evo to develop WiFi Zones in public and private
hospitals. The purpose of this zone was to facilitate to the doctor with uninterrupted
Internet facility to healthcare professionals as they can facilitate to their patient. By
using this initiative doctors and health professional can easily access to the
telemedicine and health screening and assessment information online. This facility
also facilitate to the emergency cases that cannot access quickly to hospital such as
remote areas of Pakistan. Doctor give telemedicine by using internet and using
online camera, he can subscribe the medicine.
PTCL also celebrate the World Heart Day in 2012. We organize an awareness
campaign for employee on prevention from heart disease among the Children and
Women. We aware them about the heart related disease and symptom of disease as
they cure from disease before they effected. The key factors of this were to do
seminar on the awareness of Blood Pressure and medical centers across the
country.
Another awareness program in the celebration of Breast Cancer was done. The key
purpose of this program was to aware the women about the early diagnosis of
Breast Cancer among female employee and prevention of Diabetes among the
employee across the Pakistan.
During the period of 2012 PTCL also sent forty employees to perform Hajj on the
company expenses and PTCL also provide Motorcycles to CSR/MM&BB.
HEALTH:
In 2013 it provides free medical care to the under privileged in remote areas or
coming forward in helping the suffering humanity in their hour of need during
natural calamities and environmental disasters. PTCL has always been on the
forefront of the screen in the area of health toward the nation and their employee.
We always take care of our employee because our philosophy of work is that if they
are healthy we are healthy.
PTCL also organized a seminar to aware the people about the prevention of
hepatitis. We organized this seminar at local school in Karachi. This key purpose of
this seminar was to make aware to student about the causes of hepatitis and
prevention from the hepatitis. Our medical staff makes aware them about the
increasing rate of the hepatitis among the children and women.
A healthcare medical camp was held in the sport complex, Islamabad from March 19
-24. The medical camp provide free healthcare to more than 3000 children within a
week. This was the social responsibility of the Pakistan Telecommunication Company
Limited to provide facilities to the children who participated in the Sport complex,
because we also support to the youth development and sports programs beyond the
education.
PTCL Medical Staff, helped by necessary paramedical staff and ambulance service,
are given that the children with dental examination, updating of medical record,
OPD cover, emergency services and blood grouping and screening including minor
surgical procedures at the medical camp.
PTCL also organized a medical camp with the collaboration of Pakistan Sweet Home.
We provide the free medical health and medical services to the children. A Project of
Pakistan Bait-u-Maal (PPB), to provide excellence housing, Health and Education to
the thousands of orphanage.
PTCL medical staff provides the healthcare and diagnostic services to promote the
awareness of common and preventable diseases. This program was not only for the
employees of PTCL but also for the general public. We also initiated the model of
PTCL mobile medical unit. In 2013 PTCL provide free medical treatment. Via three
hundred mobile medical units, twenty thousand patients.
ROLE IN ELECTION:
As PTCL is committed towards its society so PTCL also play a vital role in the general
election of Pakistan. PTCL was connecting to the 535 election offices of the Election
Commission of Pakistan (ECP). Some offices were connected via wire and some are
with wireless. Some villages area was connected via VSAT technology. PTCL support
the ECP in this regard and help to make the election possible.
Concurrently, more than 500 central, district and regional offices of Returning
Officers (ROs) of ECP are being connected through PTCL network and additional
graduates from local universities- who were selected through a transparent and
rigorous merit-based process- an opportunity to undergo internship of one year at
PTCL. The magnitude of this program can be gauged by the fact that under its
auspices a total of 500 students were provided this internship facility. The main idea
behind this program was to provide on-job practical experience of the corporate
world,
polishing
their
professional
skills
while
getting
paid
a
handsome stipend.
The real-time corporate environment and world-class systems at PTCL offer a unique
chance for the youth to get themselves grounded in the practicalities of the actual
business environment. In order to raise awareness about the environmental issues
and make people realize the importance of a green environment, the Company also
organized an Eco Walk in the Margalla Hills in collaboration with the CDA (Capital
Development Authority). The walk, attended by a large number of students and
faculty members from the local universities as well as PTCL employees, turned out
to be a good learning session. Eminent experts of the country held forth on the
various environmental issues affecting the planet and PTCLs role in combating
these threats so as to bequeath a sustainable and safe environment for future
generations.
In order to further emphasize the message of a clean environment among PTCL
employees, your Company launched Operation Clean Sweep that was carried out
across all the installations of the Company, including office buildings, exchanges,
stores, etc. The drive was aimed at promoting the underlying idea that cleanliness is
an attitude that originates from ones mindset and is not hindered by funds or
resources. Through this campaign, all the employees were encouraged to be
accountable for upkeep and cleanliness of the environment, and take ownership of
their respective spheres of responsibility.
The ceremony was a huge success and PTCL, CISCO and NUSTs leading role in
taking up new challenges to improve the quality of IT education in Pakistan was
greatly lauded by members of academia, industry and the media present at the
ceremony.
Mr Sikander Naqi Executive Vice President Corporate Development speaking on the
occasion said that by setting up such a Center, PTCL will be able to benefit from
world class research that will be of immense value to them. In addition, the human
resources that will be developed at this Center will be able to export their skills and
expertise to the region and beyond. This will spur growth in the Pakistani IT sector,
and will contribute towards enhancing the quality and quantity of exportable IT
related skills to the global marketplace.
The Center, staffed by researchers from NUST, will work closely with Cisco
engineers in the US who will provide the thematic direction of the joint research.
The Centers research is to be funded by the National ICT R&D fund. Dr. Qasim
Sheikh, the CEO of ICT R&D fund, stated that his organization is pleased that PTCL,
NUST and CISCO are forming a joint research group that will work on significant
problems that are relevant to Pakistan. A research project under similar
arrangements, funded by the National ICT R&D Fund, is currently underway with
Cisco scientists and Pakistani researchers collaborating to develop open source tools
for performance monitoring of network traffic. The output of this work has already
generated. An application for a US patent is being filed as a result of the work
carried out during the course of that research. In addition to its research ambitions,
the Center will also be providing high quality professional training courses to PTCL
and other telecom companies.
For the year under review, PTCL groups profit after tax was Rs. 8.4 billion compared
to Rs. 11.7 billion last year. PTCLs profit at Rs. 7.5 billion was 20% less than the
previous years profit resulting in earnings per share (EPS) of Rs. 1.46. For the year
2010-11, your Company declared a dividend of Rs. 1.75 per share.
PROFITABILITY IN 2012:
_____________________________________________________________________________
_
For the period under review, PTCL Group's profit after tax was Rs. 1.2 billion
incorporating PTCL's loss after tax of Rs. 0.754 billion. This loss was due to one-time
cost of Rs. 9.5 billion on account of Voluntary Separation Scheme (VSS)
implemented with the objective to optimize the human resources in line with current
business needs. In view of the foregoing, the Board of Directors decided not to
recommend dividend for the period under review
PROFITABILITY IN 2013:
______________
For the year under review, PTCL Groups profit after tax was Rs. 15.7 billion. The
increased profitability of Rs. 12.7 billion for PTCL was contributed by revenue
growth. Accordingly, the Board has recommended a final cash dividend of 20% (Rs.
2.00 per share) for the financial year 2013 which is inclusive of the interim cash
dividend already declared and paid to the shareholders. Earnings per share for PTCL
Group for the year were Rs. 3.09.
PROFITABILITY IN 2014:
CONCLUSION:
After writing this whole report we can conclude that Pakistan Telecommunication
Company Limited is work for the society development in the area of the Education,
Society welfare, Environmental Protection, Community development, Social Events,
Natural Disaster. They donate for the better cause of the society.
Pakistan Telecommunication Company Limited is working in the area of Education.
PTCL sponsor in to the universities in different events. PTCL also announced
scholarship for the disable people, and also facilitate to students with paid
internship.
Pakistan Telecommunication Company Limited is also sponsor for the natural
disaster, they sponsor for flood affected areas in 2010. And also to the Quetta in
Earthquake. Pakistan Telecommunication Company Limited also plants the tree to
show care for the environment.
Pakistan Telecommunication Company Limited also works for the health of the
employee and people they sponsor for the Pakistan Sweet Home living quality,
health and education of orphanage. Pakistan Telecommunication Company Limited
is also post weekly health related article on their employee portal. PTCL celebrated
the World Health Day, and Breast Cancer Day.
Pakistan Telecommunication Company Limited is also working for the employee.
PTCL facilitate their employee motorbikes and also send their employee for the
pilgrimage of Hajj on company expenses.