Company Palestine Telecommunications Company P.L.C

Equities

PALTEL

PS5002111951

Integrated Telecommunications Services

End-of-day quote Palestine Exchange 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
4.63 JOD 0.00% Intraday chart for Palestine Telecommunications Company P.L.C -5.70% -4.14%

Business Summary

Palestine Telecommunications Company PLC (Paltel) is a Palestine-based public shareholding company engaged in the provision of local and international telephone services, Internet, data communications, mobile, value-added services, payphones and other related products and services across the Palestinian Territories. The Company is active, along with its subsidiaries, in five business segments: the Wired Telecommunication services segment provides all telecommunication services and operations of fixed telephone network; the Wireless telecommunication services segment provides wireless communication services and operation of cellular phone network; the Digital services segment provides Internet services and leased line service; the Media segment offers media and marketing services, and Investment segment is engaged in the Company’s investment activities.

Number of employees: 2,630

Sales per Business

JOD in Million2022Weight2023Weight Delta
Telecommunication
64.2 %
208 67.3 % 180 64.2 % -13.40%
Digital Services and Information Technology
35.8 %
101 32.7 % 100 35.8 % -0.60%

Sales per region

JOD in Million2022Weight2023Weight Delta
Palestine
100.0 %
309 100.0 % 280 100.0 % -9.21%

Managers

Managers TitleAgeSince
Chief Executive Officer 47 10-07-31
Director of Finance/CFO - -
Chief Operating Officer - -
Chief Tech/Sci/R&D Officer - 12-06-30
Chief Administrative Officer - 97-12-31
Corporate Officer/Principal - 09-12-31

Members of the board

Members of the board TitleAgeSince
Chairman 86 97-12-31
Director/Board Member - -
Director/Board Member 71 -
Director/Board Member 74 -
Director/Board Member 77 -
Director/Board Member 63 -
Director/Board Member 51 -
Director/Board Member 43 -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 131,625,000 82,436,277 ( 62.63 %) 0 62.63 %

Shareholders

NameEquities%Valuation
Palestine Development & Investment Co. Ltd. (Private Equity)
30.63 %
40,321,343 30.63 % 269 M JOD
Palestine Investment Fund (Investment Management)
6.737 %
8,867,308 6.737 % 59 M JOD
Global Investment House KPSC (Investment Management)
0.5666 %
745,726 0.5666 % 5 M JOD
HSBC Saudi Arabia Ltd. (Investment Management)
0.0587 %
77,199 0.0587 % 515 023 JOD
Al Arabi Investment Group Co. (Investment Management)
0.0568 %
74,760 0.0568 % 498 752 JOD

Holdings

NameEquities%Valuation
19,999,368 3.12% 132,294,819 $

Company contact information

Palestine Telecommunications Co.

Rafedia Main Street

, Nablus

+

http://www.paltel.ps
address Palestine Telecommunications Company P.L.C(PALTEL)
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