Palestine Telecommunications Co. P.L.C. is a public shareholding company incorporated in 1995 under the Company Law in force in the West Bank by a group of private investment companies and institutional investors. The following is the Company's annual report for the fiscal year ending December 31, 1999.

Table of Contents

	General Highlights
	Shareholders Letter
	1999 Overview: From Telephony to Telecommunications
	Accomplishments: Data Transmission, Fixed and Mobile Telephony
	Accomplishments: Offering Better Customer Service
	2000 Goals: Future Projects, Earth Stations, Multi-Services Data Network
	Financials
	Board of Directors' Recommendations
	Board of Directors and Officers