Tuesday February 09, 2010 
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 Telecommunication[1-0 of 0 stories]  
 Pakistan   |   World  

Warid not selling its stakes
KARACHI (February 07, 2010): Recently there have been misplaced news items in certain sections of the press that Warid Telecom Pakistan may be up for sale because of the shrinking interest of the sponsors relating to the market conditions in Pakistan. Warid telecom Pakistan categorically and unequivocally denies such reports and impressions.



Cellphones: CCP unearths cartelisation by telecom service providers
ISLAMABAD (February 06, 2010): The Competition Commission of Pakistan has unearthed a unique international case of alleged cartelisation by telecommunication service providers of cellphones, entering into an agreement to revise selling price of SIMs along with missed calls charges, violating Competition Ordinance. The scam has been unearthed on a tip off of an informer under the informer reward scheme.



Listening movies: Mobilink launches new service
LAHORE (February 06, 2010): Mobilink Pakistan has launched a new and innovative service allowing users to listen to select movies on their cell phones. Jazz Audio Cinema, launched under the umbrella of Mobilink Jazz, Pakistan's favourite prepaid cellular brand, is the first of its kind allowing users to enjoy the original dialogues and songs of popular blockbusters on the go.



ZTE builds first successful EVDO Rev-B Network for PTCL
ISLAMABAD (February 05, 2010): ZTE Corporation announced successful completion of EVDO Rev-B Network in country for Pakistan Telecommunication Company Limited (PTCL), an Etisalat company) which is the biggest CDMA operator in the country. In continuation to evolution from existing technology EVDO Rev-A to EVDO Rev-B, the tests revealed a download speed of 9.3Mbps and upload speed of 5.4Mbps.



Over 97.5 million people using mobile phones: PTA
ISLAMABAD (February 05, 2010): Cellular phone industry has registered a phenomenal growth from 2000 to 2009, as at present there are 97,579,940 mobile phone users against 306,493 in 2000, according to PTA data. The cellular phone industry has blossomed over the years and the government was collecting billions of rupees in the shape of different taxes imposed on the usage of cell phones.



Easyload Millionaire Prize Scheme 3: Telenor gives prizes worth Rs 12 million to retail partners
ISLAMABAD (February 05, 2010): Telenor Pakistan, under its 'Easyload Millionaire Prize Scheme 3', gave away prizes worth Rs 12 million to retail partners from different regions of Pakistan. Retail partners who exceeded their sales for May 2009 in the month of July by 5 percent were eligible to enter the lucky draw. A 10 percent increase allowed them a double entry in the draw.



Atif becomes Warid's official Brand Ambassador
LAHORE (February 04, 2010): Warid Telecom (Pvt) Ltd Pakistan's most reliable and third largest telecom operator has announced Atif Aslam as their official brand ambassador. Signing ceremony took place at Warid head office here.



ZONG launches 'Chine-Ease' one SIM two numbers
KARACHI (February 04, 2010): ZONG, the first international brand of China Mobile has introduced 'Chine-Ease' one SIM two numbers, an additional service for ZONG post-paid subscribers. Chine-Ease is a service through which subscribers using international roaming services will be given roaming facilities in China at the cheapest rates.



Ufone celebrates ninth anniversary
ISLAMABAD (February 04, 2010): Ufone one of the leading telecom company's in the country celebrated its 9th anniversary here recently at an impressive cake cutting ceremony. Abdul Aziz President and CEO Ufone, during the address to the Ufone team members said, "It is a common belief that it is difficult to smile in these trying circumstances, but we at Ufone, have plenty of reasons to smile and believe that all of Pakistan can find reasons to smile".



PTCL profit increases to Rs 2.785 billion in second quarter
KARACHI (February 04, 2010): The profit after tax of Pakistan Telecommunication Company Limited (PTCL) has increased to Rs 2.785 billion in the quarter ended December 31, 2009 as compared to Rs 2.136 billion earned in the corresponding period in 2008. The board of directors of the company in its meeting held on Wednesday declared that the company's earning per share has increased to Rs 0.55 in the period under review against Re. 0.42 in the same period a year back.


  

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The Rupee
Interbank closing rates for dollar on Monday.
BuyingRs 84.94
SellingRs 84.97
Dollar moves both ways
8622.72  41.98
Sectoral Indices 
Market at Close
BRIndex-30 8,580.74
KSE-30 Index 10,209.42
KSE-100 Index 9,809.98
LSE-25 Index 3,067.66
ISE-10 Index 2,353.59
Gold Per 10gm 30,514.00
KCA Spot Rate 4,625.00
Libor Rate 0.38625
World Indices
Index Closing Chg%
DJIA 9,908.39 1.04
Nasdaq 2,126.05 0.70
S&P 1,056.74 0.89
FTSE 5,092.33 0.60
DAX 5,484.85 0.93
CAC-40 3,607.27 1.22
Nikkei 9,951.92 1.10
H.Seng 19,550.89 0.58
Sensex 15,935.61 0.13
NY Closing
Euro 0.7329
Sterling 0.6421
Swiss Franc 1.074
Yen 89.26
Gold 1066.20
Cotton 69.160
Oil 71.89
Economic Indicators
Annual2008/09
Foreign Debt $50.1bn
Per Cap Income $1046
GDP Growth 2.0%
Average CPI 20.77%
MonthlyDecember
Trade Balance $-1.33 bln
Exports $1.58 bln
Imports $2.91 bln
WeeklyFebruary 08, 2010
Reserves $14.517 bln
 









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