Telecom News

NTC Achieves Rs. 578 Million Profit in FY 2019-20


Honourable Federal Minister (IT & Telecom), Mr Syed Amin-ul-Haque paid a go to to Nationwide Telecommunication Company (NTC) Head Quarters on 17th August 2020. On behalf of NTC Administration & Workers, Managing Director NTC, Brig (Retd) Viqar Rashid Khan warmly welcomed the honourable Federal Minister. A brief briefing on NTC was given which was adopted by a go to to the Nationwide Information Heart (NDC). NTC Achieves Rs. 578 Million Revenue in FY 2019-20.MD NTC, Brig (Retd) Viqar Rashid Khan briefed the Minister on the most important achievements made by NTC through the previous six years with particular emphasis on the measures adopted throughout Covid-19 Pandemic. MD NTC additionally briefed the Minister concerning the institution of NTC cloud-based Tier-III, ISO 27001 licensed Nationwide Information Centre in a document time of 5 months and provision of Telecom/ ICT providers throughout COVID-19. Throughout the COVID-19 Pandemic, NTC Nationwide Information Centre acted as the principle platform for internet hosting all of the methods/Net/Cell purposes developed for knowledge acquisition and knowledge evaluation that assisted NCOC and different coverage/decision-makers for taking acceptable corrective measures.NTC Achieves Rs. 578 Million Revenue in FY 2019-20The Minister was instructed that NTC can be offering a video convention system for holding necessary conferences of the PM, Cupboard, ECC and NCOC and many others. To this point, over 429 video conferences have been organized by NTC flawlessly. He was instructed that prudent motion by NTC has saved the Authorities from many issues throughout COVID-19. The minister was additional instructed by MD NTC, Brig ® Viqar Rashid Khan that in his tenure, NTC achieved unprecedented document development and efficiency within the subject of Operation, Technical, Finance and Administration as below:-File Development in Exchanges from 142 to 462, total development —- 225%.Enlargement of exchanges to New Districts/ Cities all through Pakistan from 66 to 99, total development —- 50%.ADP completion —- Common 81% yearly with 100% completion in FY 2016-17 & 2019-20 which is a document efficiency in any Public Sector group.Subscribers Development —- 15%Broadband Subscribers Development —- 115%NTC Worldwide Gateway Change (IGE) has earned approx. US $18 Million (Overseas Change) since April 2015.NTC Nationwide Information Heart (NDC) was established in a document time of 5 months.NTC NDC is Tier-III compliant cloud-based ISO-27001 licensed Information Heart.NTC nearly doubled its Income since 2013 i.e. from Rs 2.4B in FY 2013-14 to Rs. 4.2B in FY 2019-20.Since 2013, a document enhance in NTC Revenue @ 440% with Revenue of Rs. 578 Million in FY 2019-20.Talking on the event, Mr Syed Amin-ul-Haque, Federal Minister MoIT praised NTC efficiency and congratulated NTC Administration for the exceptional growth of ICT infrastructure for Public Sector. Minister appreciated MD NTC for his management and administration throughout Covid-19 Pandemic and warranted his full help. The Minister stated that no person predicted COVID-19 in 2020. After the outbreak of COVID-19 in Pakistan in March 2020, numerous different departments had been demanding funds and tools however NTC was prepared and totally ready to satisfy the emergent state of affairs. My full compliments to NTC and its administration. MD NTC thanked Federal Minister for reposing his belief in NTC and warranted that NTC is totally dedicated to reaching Digital Pakistan- a imaginative and prescient of Prime Minister of Pakistan.

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