Change Management in Ptcl (Pakistan Telecommunication Limited)
Pakistan Telecommunication Company Ltd.
Pakistan Telecommunication Company Limited (PTCL) is the largest telecommunication company in Pakistan. The company provides telephony services nation-wide and is the backbone for country's telecommunication infrastructure despite arrival of a dozen other telecommunication companies, including giants like Telenor and China Mobile. The company operates around 2000 telephone exchanges across the country, providing the largest fixed line network. Data and backbone services such as GSM, CDMA, Broadband Internet, and IPTV, wholesale are an increasing part of its business.
1. The Nature of Change Undertaken by PTCL
Privatization of PTCL
In July 2006, the process of privatization took place in Pakistan’s largest telecommunication company PTCL. The company still is the largest but the growth that this company has shown is by far larger then in some years before. PTCL has partially been privatized, 26% of PTCL shares are now with a Dubai based company Etisalat. Etisalat though not has a significant shares yet it is controlling the management of PTCL. Under its management the PTCL is going efficient and well enough to remain at top. PTCL has been on the verge of privatization since 1991 and there has been many efforts undertaken for its privatization, but it was made official in July 2006. There is still the government as the major shareholder but the management vests with Etisalat. The privatization has been beneficial to the company as the whole, but the individuals involved are still shaky about their jobs. The company some period before and after the privatization has been the aim of constant resistance. From the employees to the people indirectly associated with the company; all were some what against it being privatized. The government was strongly criticized for it. The protests were at all time high when the proposed time of privatization was near; although it was delayed due to the protest but never laid down.
Four
Pakistan Telecommunication Company Limited (PTCL) is the largest telecommunication company in Pakistan. The company provides telephony services nation-wide and is the backbone for country's telecommunication infrastructure despite arrival of a dozen other telecommunication companies, including giants like Telenor and China Mobile. The company operates around 2000 telephone exchanges across the country, providing the largest fixed line network. Data and backbone services such as GSM, CDMA, Broadband Internet, and IPTV, wholesale are an increasing part of its business.
1. The Nature of Change Undertaken by PTCL
Privatization of PTCL
In July 2006, the process of privatization took place in Pakistan’s largest telecommunication company PTCL. The company still is the largest but the growth that this company has shown is by far larger then in some years before. PTCL has partially been privatized, 26% of PTCL shares are now with a Dubai based company Etisalat. Etisalat though not has a significant shares yet it is controlling the management of PTCL. Under its management the PTCL is going efficient and well enough to remain at top. PTCL has been on the verge of privatization since 1991 and there has been many efforts undertaken for its privatization, but it was made official in July 2006. There is still the government as the major shareholder but the management vests with Etisalat. The privatization has been beneficial to the company as the whole, but the individuals involved are still shaky about their jobs. The company some period before and after the privatization has been the aim of constant resistance. From the employees to the people indirectly associated with the company; all were some what against it being privatized. The government was strongly criticized for it. The protests were at all time high when the proposed time of privatization was near; although it was delayed due to the protest but never laid down.
Four
Bibliography: Group Members: Muhammad Haider Ali (1777) Hassan Parvaiz Khan (1767) Raja Omar Kiyani (1788) Raja Zeeshan Ali (1833) Steven Rehmat (1794)