Ufone Gain Profits 57%, Revenues 14% in FY11

Ufone seems to have reported exceptional increase of 57% profits and 14% revenues in Financial Year 2010-2011 due to the fact associated with significant financial savings while in the FY11 , As outlined by Pakistan Telecommunication Limited (PTCL) Report.

Based on a quotation that profits of Ufone has enhanced to Rs 2.66 billion however revenues increased to Rs 56 billion while in the FY11 ended on June 30. The entire year within evaluation noticeable 10th year of effective functions through Ufone. When compared to the prior yr, the earnings per share (EPS) enhanced to Rs. 6.36 from Rs. 5.20 of a year ago.

Regardless of unfavorable financial circumstances restricting development in Pakistan, still Ufone carried on to update its network with some other improvements as well as enhance performance in smoth sequence which results in top quality of customer satisfaction.

These types of actions, , placed endeavours such as ambitious network co-location keeping significant levels of CAPEX and also inclusion of 1-SIM concept within the areas decreasing stock administration difficulties. Additionally, the users are also helped through increasing IVR, USSD and also online Self Care based platforms with re-engineered techniques lowering turn-around period.

In the past year, Ufone launched a variety of revolutionary services to eye-catching call rates serving the requirements of various users. The youth portion had been additionally increased by way of starting brand new packages and offers e.g. Uth Nonstop Offer, Uth Full Time Mufta Offer and Uth Alaa Offer. These kinds of presents received incredible reputation within the youngsters section adding significant profits. In their initiatives to locate new revenue channels, Ufone utilized new areas concentrating on farm owners (Kissan Package) and also women packages the very first time in Pakistan.

In order to encourage the retailer resulting in higher distance with consumer as well as continuous existence near all households, “Ustar” channel was already released along with “Ushops”.

At present more than 25,000 “Ushops” and “Ustars” tend to be helping the users, which undoubtedly will be the biggest and quite a few efficient network of sales and service factors in Pakistan.

In the ongoing undertakings to accomplish more significant effectiveness, an program between banks and also Ufone Customer Relationship Module (Crm) was created. In acknowledgement on the much better in business advantages, Ufone had been not too long ago graced with Professional Excellence Award by the Institute of Chartered Accountants of Pakistan (ICAP) on ‘Best Corporate Sector Project’ for Telecom Passive Infrastructure Sharing.