Telephone Industries: Corrective measures lead to savings at TIP

Company's board approves Rs45m operational budget

ISLAMABAD: Minister of State for Information Technology and Telecom Anusha Rehman said on Friday that Telephone Industries of Pakistan's (TIP) affairs had been streamlined with efforts and teamwork of the Ministry of IT over the last three years.

"Due to consistent efforts of the ministry and the TIP board, the incumbent management of the entity was able to save Rs107 million within one year in utility bills," Rehman said. "Similar improvements in other areas have yielded significant savings."

She stated this while chairing the 191th board of directors' meeting of TIP.

TIP Managing Director Syed Khalid Gardezi told the board that they had got vacated the official accommodation from illegal occupants and the management was also proceeding against delinquents in accordance with the law.

He said corrective measures were being taken to bring TIP's administrative affairs in order while deploring that some vested interests were creating hurdles in the way of implementing board decisions by flouting the law.

The IT minister warned that any violation and non-compliance with board decisions would be dealt with harshly, telling the mafias to halt their activities.

The meeting also approved Rs45 million in operational budget for the company for the forthcoming year and directed that unnecessary expenses should be cut down further.

The MD emphasised that the decisions taken by the board would be complied with "at any cost".

It was agreed that the IT ministry would ensure strict implementation of all decisions made by the TIP board in true letter and spirit.

Federal IT Secretary Rizwan Bashir Khan, Member Telecom Mudassar Hussain, Member Legal Ameena Sohail, HR Member Tahir Mushtaq and other board members attended the meeting.

Published in The Express Tribune, October 14^th, 2017.

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