The Swaziland Posts and Telecommunications Corporation (SPTC) was established in 1986 under Act No. 11 of 1983 and its parent is the Ministry of Information and Communications Technology. The Corporation is categorised as a Class A Public Enterprise under the Public Enterprise and Monitoring Act No.8 of 1989 which is defined in section 2(a) - as a body wholly owned by government or in which government has a majority interest. The organization is made up of two business units, SwaziTelecom and SwaziPost. SwaziTelecom provides the spectrum of quality global telecommunication services with direct dialing to over 200 countries and a 24-hour operator assisted service. It offers ADSL (Asymmetric Digital Subscriber Line) Broadband, a high speed, ´always on´ Internet access service to send and receive data at speeds surpassing conventional dial-up connection. SwaziPost is the country´s prime mover of written communications and parcels with services comprising ordinary and registered mail, a courier and freight moving. The Post Office provides the most cost-effective delivery option. SwaziPost is a delivery agent for Government, paying out social grants, and is a retail outlet for MTN, Swaziland Electricity Company, SwaziTelecom, Swaziland Royal Insurance Corporation and Swaziland Water Services Corporation.