Pak Datacom

Pak Datacom Ltd. is a subsidiary of Telecom Foundation, which has an equity share of 55%, whereas 45% investment in the company is made by general public and foreign investors. Established in November 1991, Telecom Foundation is a self-supporting entity with assets exceeding Rs.1 billion and is the holding company of Pak Datacom Ltd. Pak Datacom Ltd. was incorporated as a private limited company in July 1992 and was subsequently converted into public limited company in June 1994. The testing of the network and related system started in April 1994 and commercial operations commenced in July 1994. The financial position of the company is fortified with paid-up capital of Rs.98.010 million, an asset base of more than Rs 1 billion and turnover of more than Rs 600 million per annum.