Pak Datacom

Pak Datacom

Company type	Public
Traded as	PSX:  PAKD
Industry	Telecommunications
Founded	1992;33 years ago (1992)
Headquarters	Islamabad , Pakistan
Area served	Pakistan
Key people	Syed Zomma Mohiuddin (Chairman) Syed Zulfiqar Ali (CEO)
Revenue	Rs. 1.362 billion (US$4.7 million) [1]  (2023)
Operating income	Rs. 399.13 million (US$1.4 million) [1]  (2023)
Net income	Rs. 289.86 million (US$1.0 million) [1]  (2023)
Total assets	Rs. 2.05 billion (US$7.1 million) [1]  (2023)
Number of employees	193 [1]  (2023)
Parent	Telecom Foundation (55.08%) [1]
Website	pakdatacom.com.pk

Pak Datacom is a Pakistani company which provides telecommunication services.

It is listed on the Pakistan Stock Exchange.

History

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

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. ^[3]

References

1. "Pak Datacom Annual Report 2023" (PDF). www.pakdatacom.com.pk.
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".