Pakistan Telecommunications Company to invest Rs 16 bn in next five years: Walid

Karachi: Pakistan Telecommunications Company (PTCL), would invest about Rs16billion in telecommunications sector in next five years in Pakistan, this was stated by the President, PTCL Walid Irshad.

Addressing a luncheon meeting at Korangi Association of Trade and Industry (KATI), Irshad said that PTCL is going to introduce super-speed internet very soon in Pakistan and it would be started from Korangi Industrial Area.

He said that the era of conventional telephone exchanges is now over and most modern exchanges would now be installed in Pakistan. He said that first ever new generation telephone exchange would be introduced in Karachi He said that PTCL has already minimized the subscribers’ complaints and with the introduction of new services and new generation telephone exchanges, the complaints would become nil. He said that PTCL is not being run just as Phone Company but as an investment-oriented company which is striving hard to introduce most modern telecommunications services.

The Chairman, KATI, Syed Johar Ali Qandhari said in his welcome address that telecommunications plays vital role in trade and industry and PTCL has improved its performance over the years. He however said that sometimes industrialists face hardships in broadband and internet which needs to be improved. He said that PTCL should set up a full-fledged cell at KATI so that subscribers’ woes should be addressed.

Former Chairman, KATI, Mian Zahid Hussain said on this occasion that there was revolution in telecommunications’ sector in Pakistan over the last one decade and PTCL has played a vital role in the spread of telecommunication technology.

He said that though complaints of the PTCL’s subscribers have become insignificant however, the mindset of lower level employees needs to be changed so that PTCL would be able to address the subscribers’ complaints in a real manner.

The Vice Chairman, KATI, Shahid Javed Qureshi pointed out that PTCL’s latest product EVO 9.3 is having signal problems in some areas of Karachi while charges are so high as compared to other companies’ services.

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