Pak Datacom Limited (PDL) announced on Thursday the signing of a Memorandum of Understanding (MoU) with an international-based broadband satellite services operator.
The agreement was signed after a successful limited test and trial-based arrangement with them, the PDL said in a notice to the Pakistan Stock Exchange (PSX).
PDL, which did not disclose the name of its international collaborator, added that the international operator was an established next-generation satellite broadband operator based in the Asia-Pacific region.
“The collaboration is aligned with PDL’s long-term vision of supporting digital connectivity footprint in the broadband satellite services market,” read the notice to the bourse.
Pak Datacom Limited (PSX: PAKD) was incorporated in Pakistan as a private limited company in 1992 and was converted into a public limited company in 1994.
The principal activity of the company is setting up, operating, and maintaining a network of data communication and serving the needs of the customers.
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