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Tuesday, November 1, 2011

PTC - Pakistan Telecommunication Corporation

Pakistan Telecommunication Corporation (PTC)
The government of Pakistan pursued the deregulation and liberalization policy in production and service industry during the decade. The major change in this regard was privatization and deregulation of many of the departments of government of Pakistan. The decade of 1990s brought about many changes in the economic structure of Pakistan. The objective was to reduce the burden of the government, minimize the bureaucratic influence and improve the efficiency of these departments.
A major breakthrough in the history of telecommunication in the country occurred with the gradual deregulation and privatization of T&T. At the first stage Pakistan Telephone & Telegraph Department (T&T) was converted into a statutory corporation Pakistan Telecommunication Corporation. On December 15, 1990 the PT&T department was transformed into Pakistan Telecommunication Corporation with a legal identity separate from the Government. This change in the statute, introduced by the Government of Pakistan enabled PTC to move from administrative to contractual relationship with its customers. It provided the opportunity for the development of telecommunication facilities to an unprecedented level and also for an increased customer satisfaction.

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