Paltel
 |
|
| Public Shareholding Co. Ltd | |
| Industry | Telecomunications |
| Founded | 2005[clarification needed] |
| Headquarters | Palestine, Ramallah, Palestine |
|
Area served
|
Palestine |
|
Key people
|
Sabeeh Masri |
| Products | Fixed, GSM, GPRS, EDGE, SMS, MMS, ISP |
|
Number of employees
|
3,000 |
| Parent | Paltel |
| Subsidiaries | Paltel fixed line, Hadara, PalMedia, Reach, Hulul |
| Website | http://www.paltel.ps |
Paltel or Palestinian Telecommunication Group[1] (Arabic: مجموعه الاتصالات الفلسطينيه) is the largest private-sector company in Palestine, employing almost 2,000 people.[2] Its subsidiaries include the landline network Paltel,[3] which was in service in 1994,[4] and internet services provider Hadara.[5]
Paltel Group makes up 29% of the Palestinian Authority's gross national product and accounts for 33% of the worth of the Palestine Securities Exchange.
History
In 1995, when Yasser Arafat set up the Palestine Telecommunications Co, only 3% of Palestinians owned a telephone;[6] applicants would have to wait years for a connection by Bezeq, the Israeli state-owned provider.[7] The initial three year plan was to invest $600m in the West Bank and Gaza in order to increase customers from 85,000 to 250,000.[8] An agreement was reached in 1997 to acquire knowhow from Cable and Wireless,[9] and in 1998 Ericsson won the contract to supply a GSM cellular network.[10] That year Arafat called on mobile users to switch to Paltel which would soon become the sole providers for the two regions.[11]
The mobile operator of PaltelGroup,[clarification needed] with its 2 million subscribers,[12][13] has stopped a merger operation with Zain,[14] but still will join the One Network project in the year 2010.
In 2015, Paltel and fellow provider al-Wataniyya Telecommunications were granted access by Israeli authorities to use 3G, something they were previously restricted from doing.[15]
Subsidiaries
- Jawwal (Cellular Communications)
- Paltel (Fixed telephony)
- Hadara (ISP)
- Palmedia' (Media Services)
- Reach (Contact Center)
- Hulul' (IT Support)
References
- ↑ Palestine Telecommunications Company, PALTEL, Paltel Group, PG
- ↑ Devi, Sharmila, Financial Times, 29 March 2007
- ↑ PALTEL selects Alcatel-Lucent's optical solution to transform backbone network in the Palestinian territories | Alcatel-Lucent | AMEinfo.com
- ↑ Tough conditions - Telecoms - News & Features - ITP.net
- ↑ Hadara for Technological Investment Company, Hadara, Hadara Technologies
- ↑ Prusher, Ilene R. Palestinians sprint to break Israeli grip on phone lines, The Christian Science Monitor 20 August 1996
- ↑ Dempsey, Judy. Paltel on fast track to solve communication problem Financial Times 11 December 1996
- ↑ Machlis, Avi. Palestinian telecoms plan Financial Times 19 November 1996.
- ↑ Dempsey, Judy. C&W appeals to Israeli PM: Financial Times 25 November 2011
- ↑ Ericsson, Financial Times 9 July 1998
- ↑ Christopher Walker Arafat renews vow to declare independence The Times 10 July 1998
- ↑ Palestinian Market Briefs - U.S. Commercial Service West Bank and Gaza
- ↑ http://www.ynetnews.com/articles/0,7340,L-3882440,00.html
- ↑ Zain-Paltel share swap deal abandoned - Telecoms - News & Features - ITP.net
- ↑ http://www.imemc.org/article/73932
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