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Palestine Telecommunications Company P.L.C. (Palestine)

Main Activities: Wired Telecommunications Carriers | Wireless Telecommunications Carriers (except Satellite)
Full name: Palestine Telecommunications Company P.L.C. Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Palestinian Telecommunications Company (Paltel) was established in 1995 in order to provide a full range of services expanding from fixed line telecom operations to mobile phone operations. The company operates through its subsidiaries: Palestine Cellular Communication Ltd (Jawwal), which provides mobile telecommunications services; Hadara Technology Investments Co, which provides Internet services; Palestine Media Co (Palmedia), which offers media services, and Solutions for Information Technology Co, which provides information technology service. Paltel offers its services through two main divisions: Business Services and Home Services. Among the company`s products are local and international telephone services, Internet, data communications, mobile, payphones and other related products and services. Paltel operates in Jordan and UAE as well and it is headquartered in Nablus, Palestine.

Headquarters
Jawwal Co. Bld, P.O. Box 636
Nablus; West Bank;

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Website: http://www.paltelgroup.ps

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1995
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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6.74%
Subsidiaries
Arab Bank Group (Jordan)
3.121%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency JOD. Absolute financial data is included in the purchased report.
Net sales revenue
-11.99%
Total operating revenue
-12.46%
Operating profit (EBIT)
-17.67%
EBITDA
-12.24%
Net Profit (Loss) for the Period
-34.18%
Total assets
-2.15%
Total equity
-4.96%
Operating Profit Margin (ROS)
-1.7%
Net Profit Margin
-5.21%
Return on Equity (ROE)
-8.94%
Debt to Equity Ratio
8.16%
Quick Ratio
-0.14%
Cash Ratio
-0.11%

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