Palestine Telecommunications Company (Paltel)

Overview

Paltel Group started its operations as a public shareholding company in 1997 to provide latest telecoms technologies for Palestinian subscribers. Being the leader of telecommunications sector in Palestine, the Group used and applied latest technology in order to secure best services and maintains most up to date telecom services.

The Group plays a key role in the Palestinian economy as it contributes with about 5% of the Palestinian GDP. Paltel Group is the biggest employer in Palestinian private sector with more than 3000 employees. Paltel Stock represents 33.16% of the total market CAP of the Palestine Exchange (PEX) at the end of 2013. The Group’s net earnings grew rapidly since its commercial launch in the year 2000, which provided it with financial stability to further invest in technology and development across the ICT industry.

Today Paltel Group consists of the following subsidiaries:

  • Palestine Telecommunications Company (Paltel) which provides fixed line, internet access via BSA and other value-added services
  • Today Paltel Group consists of the following subsidiaries:
  • Palestine Cellular Communications Company (Jawwal) the first mobile operator in Palestine
  • Hadara Technology Investment Company the biggest internet service provider in Palestine
  • Reach for Communications Services Company the first contact center in Palestine
  • Palmedia for Multimedia Services Company the media arm of Paltel Group
  • Hulul IT Company the IT arm of Paltel Group

Paltel Group investments are not limited to the Palestinian market since the Group wisely invests in regional markets where the Group holds 25% of Vtel holdings and Vtel MEA shares, which was registered at the Dubai International Financial Center (DIFC), which is one of the most reputable financial centers in the region. Vtel registration is considered an important achievement of the company’s goals towards growth and expansion.

Board of Directors

  • Mr. Sabih Taher Al-Masri, Chairman
  • Dr. Farouq Zuaiter
  • Mr. Ghiath M. AlSukhtian
  • Mr. Samir O. Hulileh
  • Mr. Ammar Aker
  • Mr. Talal Nasser-Eldin
  • Mr. Sharhabil Al -Zaim
  • Mr. Basel Abdel Nabi
  • Mr. Basem Abdel Halim
  • Mr. Ma’moun Abu Shahla
  • Mr. Laith Masri

CEO
Mr. Ammar Aker

Contact Information  
Tel : (970-2)2944004
Fax : (970-2) 235002
P.O.Box : 3999 Al-Bireh, Palestine
Email : ir@paltelgroup.ps
Website: http://www.paltelgroup.ps
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