Sunday, 19 May 2024 | 21:36 UAE time
COMPANIES
Palestine Telecommunications Company
COMPANY DESCRIPTION
PALTEL is the national telecommunications provider in Palestine.PALTEL offers a range of services including local and international telephone services, internet, data communications, mobile, value-added services, payphones, and next generation services in addition to creating the backbone for other related telecom service.
The company has an exclusive license agreement with the Palestinian National Authority (PNA) to develop the telecom sector. PALTEL commenced operations on 1 January 1997 with paid capital of JOD 45 million, which further increased in 1999 to JOD 67.5 million (USD 95 million).
PALTEL is a public shareholding company listed on the Palestine Securities Exchange. Its shareholders include a range of institutional and individual investors.
KEY INFORMATION
Industry
IT and Telecoms, Fixed Line Operators
Address
1570
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