It was developed in 1947 when pakistan came into beingn. So if 10 million shares are issued in united conglomerates at a price of. The holders of equity shares are the real owners of a company. The file contains 46 pages and is free to view, download or print. Please leave your comments in this public guest book so we can share your thoughts with other visitors. Aug 30, 20 as evident in figure 5 there were only 19 internet service providers in the year 199798 which has reached to 126 in the year 2004. Pakistan entered into nine different agreements with the imf during the period 19882000. Ordinary shares and preference shares are distinguished from each other based on the benefits, rights and features that they offer to the holders of such shares.
These outcomes will be presented in the form of two reports, the first of which will reflect expert input from the commissioners, and the second of which will comprise indepth analysis of the challenges and opportunities in deploying broadband across a range of different types of economies. Market overview and trends in pakistan the telecommunication landscape in pakistan is interesting because of may reasons. Mkt606 a project in partial fulfillment of the award of mba banking and finance faculty of management sciences spring 2011. Governments plan of privatizing the corporation was not welcomed in all. These shares also give right to the distribution of the companys assets in the event of windingup or sale. Difference between preference shares and ordinary shares. A share denotes a claim on a corporations ownership or interest in a financial asset.
Its important to understand these distinctions because the characteristics of different types of shares can significantly affect the way you decide to invest. The privatization commission initially offered 2% shares of ptcl. Class of shares is an individual category of stock that may have different voting rights and dividends than other classes that a company may issue. Connection oriented signaling refers to the establishment of switchtoswitch facilities call interoffice trunks. To find out what a brokerage account is and how to open one, click. Suppose a company has 10,000 8% preference shares of rs. Ordinary shares represent the companys basic voting rights and reflect the equity ownership of a company. The second part contains the time series data pertaining to different sectors of the economy. Wireless options are also available under the evo nitro or charji evo brand names. The shares are commonly called ordinary shares and will be the. Permanent capital in the wholly owned subsidiary of ptcl having an authorized capital of rs. However, some companies choose to have two or more different types of share. Multiple share classes and supervoting shares investopedia. It merits mentioning here that sale of steel mills was.
Types of shares different classes of shares rocket lawyer. These vouchers were converted into ptcl shares in mid1996. Stock market in pakistan munich personal repec archive. During the year, your company was awarded two more. Ptcl internship report telecommunications business. Ptcl s operating profit for the year is lower by 9. Pakistan telecommunication company limited ptcl is proud to be pakistans most reliable and largest converged services carrier providing all telecommunications services from basic voice telephony to data, internet, video conferencing and carrier services to consumers and businesses all over the country. The offer enables customers to stream videos, web casts, play online games and a host of other applications at highspeeds of ptcls nationwide evo wireless broadband network. Ptcl is listed in the worlds largest and most authoritative dictionary database of abbreviations and acronyms. The commission prohibits abuse of a dominant position in the market, certain types of anticompetitive agreements, and deceptive market practices. Ordinary shares are the most common type of shares and are standard shares with no special rights or restrictions.
Pakistan telecommunication company ltd ptcl has launched new rates for 2 mbps broadband data for all its existing and new potential broadband customers through out the country. E paper pdf 24th january lhr by pakistan today issuu. During the year, as a consequence of ptcls privatization, 26% of its shares were acquired by emirates telecommunication corporation etisalat. These are designations assigned to different securities such as common stock or mutual funds. A preference share is said to be cumulative when the arrears of dividend are cumulative and such arrears are paid before paying any dividend to equity shareholders. During the years, ufone continued on the path to success. For one, after deregulation it allowed both gsm for mobile service and cdma which was described as an alternative to traditional copper line.
E paper pdf 23 05 2017 lhr by pakistan today issuu. Preference shares are instruments that have debt fixed dividends and equity capital. Jun 30, 20 salinas knocked in a loose rebound in the 92nd minute and gordon scored on a header a minute later to give san jose 576 a second comeback victory in two seasons against the galaxy at stanford. The main source of funds of paknet is its retained earnings. May 21, 2010 the issued share capital of ptcl is pkr 51,000,000,000, dividend into 51,000,000,000 ordinary shares of pkr 10 each, of which approximately 3,774,000,000 are a ordinary shares and 1,326,000,000 are b ordinary shares. When a company floats on the stock market the shares will be sold at a certain price, which represents the value placed on the business. Pursuing a progressive policy, the government in 1991, announced its plans to privatize ptcl, and in 1994 issued six million vouchers exchangeable into 600 million shares of the wouldbe ptcl in two separate placements. The competition commission of pakistan ccp is an independent quasiregulatory, quasijudicial body that helps ensure healthy competition between companies for the benefit of the economy. Internship report ptcl telecommunications business. The privatization of the company was completed in the fy06, following the purchaser of 26% b class ordinary shares by etisalat international pakistan l. It provides point to point dedicated connectivity via satellite from one customers premises to another. Ptcl group grows at 4 % yoy, ptcl announces interim. Inspecting manual journal entries relating to revenue.
To encourage the growth of the internet in the country, pta has decided that in future only two types of license, ptcl region wise and nationwide, license will be issued. For a sample of 155 firms during 20092015, this study finds. This study investigates the direct and indirect relationship between corporate governance and agency cost using bootstrap analysis. Report is all about the csr activities of ptcl through out the recent years i. Shares are also known as equities, and the two terms are often used interchangeably. Full text of a text book of inorganic chemistry volume ix part i cobalt nickel and the elements of the platinum group see other formats. Ptcl is the largest telecom company in pakistan since 1947. Ptcl feel the difference telecommunications technology. Define shares explain the different types of shares in. We look at the features of different types of share that companies can use. Scribd is the world s largest social reading and publishing site.
Readbag users suggest that microsoft word telecompak. Find, read and cite all the research you need on researchgate. Sep 04, 2009 the sale ptcls 26 percent shares can be closely related with steel mills of pakistan case. Issuu is a digital publishing platform that makes it simple to publish magazines, catalogs, newspapers, books, and more online. Analytical text and the detailed statistical appendix. Wed like to know what you think about our web site. Easily share your publications and get them in front of issuus. Everyone needs to play their role in making this a meaningful day one that can bring a change to the lives of the people targeted for their religion or belief. The ordinary shareholders have voting rights in the meeting of the company. Difference between ordinary shares and preference shares.
Key takeaways plcs issue many different kinds of stock shares such as ordinary shares, cumulative preference shares,preference shares, and redeemable shares. Ordinary shares typically carry one vote per share and each share gives equal right to dividends. The first part gives a comprehensive analysis of the performance in various sectors of the economy. Providing a reliable, two way communication link anywhere within satellite footprint, ptcls global vsat utilizes satellite based single channel per carrier scpc technology, with data rates from 64kbps to 34mbps. Ironically, rather than recovering this amount, the government is now asking for loans from the uae. Eip took over management control on 12th on april 2006.
Pakistan telecommunication company limited, commonly known as ptcl, is the national. Ptc inc s competitive profile, comparisons of quarterly results to its competitors, by sales, income, profitability, market share by products and services csimarket. Governments plan of privatizing the corporation was not welcomed in all circles. This offer rewards the loyal evo customers and appreciates their support in making ptcl evo the most popular wireless internet brand of the country. Ptcls privatisation not only destroyed a treasure trove of technological. Competition commission of pakistans enquiry report on ptcl. To buy or sell ordinary shares on the johannesburg stock exchange jse you need to open a brokerage account with a stockbroker. Most companies only have one kind of shares, called ordinary shares. They are entitled to receive dividend as are declared by the board of directors. Different types of stocks desjardins online brokerage disnat. Ordinary shares definition and example investopedia.
Oct 28, 2014 24 p a g e the private nature of ss7 networks is critical for security and reliability. To ensure that needs of all broadband subscribers fixed as well. Your company also signed two new universal service fund projects for optical fiber deployment in unserved. Voice services used to be provided through ptcl s cdma2000 network, which was broadcast over the 1900 mhz wll frequency under the vfone brand name, however the network was shut down on 31 august 2016 nationwide. Ptcl ptcls corporate vision and core values facebook. Being part of ptcl, the management of ufone has also been handed over to etisalat. Although in the case of prgf the government chose not to draw down the last two tranches to which they were entitled. Some of the most important types of preference shares of a company are as follows. Pakistan telecommunication company limited 03 feb, 2011.
Ptcl s mobile phone subsidiary ufones subscriber base grew by more than 87%, from 7. Ptcls operating profit is lower by 2% compared to the same period of 2017, mainly due to customer acquisition cost spent during 1 st half of the year. Find out four types of preference sharescallable, cumulative, convertible and participatoryand how each benefits you differently. The ordinary shareholders have voting rights in the meetings of the company. They have the potential to give the highest financial gains, but also have the highest risk. Ordinary shares carry no special or preferred rights. It communicates to the external and internal stakeholders the primary contours of ptcls cultural dna which is steeped in our core values of professional integrity, teamwork, customer care, and loyalty to the company. Nov 02, 2015 causes and remedies of privatization of ptcl 1. On the long distance and international infrastructure side, the capacity of two. Ordinary shares typically carry one vote per share and. Ptcl provides its fixed line telephone services in many cities of pakistan. The holder of ordinary or equity shares are the real owners of a company.
Shares are commonly divided into two types, known as ordinary shares and preference shares. Pdf since 1990 pakistan has sold 166 stateowned enterprises for rs. Ptc inc comparisons to its competitors, market share and. It merits mentioning here that sale of steel mills was declared void because numerous concessions had. Ptcl group grows at 4 % yoy, ptcl announces interim dividend.