Technology » Telecommunication

Telecommunication

Acquisition of Telenor Pakistan: PTCL says IFC approves $400mn debt financing

The Board of Directors (BoD) of International Finance Corporation (IFC) – a member of the World Bank Group – has...

Updated 08 Apr, 2024 10:33pm

Business & Economy

Govt establishes specialised tribunal for Pakistan’s telecom sector

Believes establishment of the tribunal will help lower burden on high courts concerning adjudication of technical matters

Updated 04 Jan, 2024 09:44pm

Telecommunication

PTCL chief explains acquisition of Telenor Pakistan

Says market consolidation will create value as Pakistan's sector is just big enough for three major players

Updated 15 Dec, 2023 04:21pm

Telecommunication

PTCL to acquire 100% of Telenor Pakistan

Enters into share-purchase agreement with Telenor Pakistan shareholders for acquisition of 100% shares based on enterprise value of Rs108bn on cash-free, debt-free basis

Updated 14 Dec, 2023 06:42pm

Telecommunication

Social media sites, apps will never be shut down again: IT minister

Federal IT and Telecommunication Minister Aminul Haq said closing social media sites and applications is not a...

Updated 18 Feb, 2023 07:34pm

Telecommunication

Capital gain lifts Norwegian operator Telenor to record earnings

Increase was partly attributed to growth in mobile phone services in Pakistan, Norway and Thailand, which more than offset declining revenues related to the operation of its copper network, rising costs and a soaring electricity bill

Published 02 Feb, 2023 05:08pm

Telecommunication

Telecom Tower Infrastructure accepts acquisition offer from Pakistan's TPL RMC

Acquisition subject to signing of definitive agreements, all necessary corporate approvals, and receipt of relevant regulatory approvals

Updated 20 Dec, 2022 05:10pm

Telecommunication

Veon close to sale of Pakistan tower assets to TPL-TASC Group: report

Acquisition of towers could become Pakistan’s largest deal in more than a decade

Published 16 Dec, 2022 02:53pm

Telecommunication

Internet services now operating normally in Pakistan: PTA

The Pakistan Telecommunication Authority (PTA) on Wednesday said that a fault in a submarine cable, which caused...

Published 30 Nov, 2022 11:25am

Telecommunication

Suspension of DCB payments to Google Play: users, telecom companies at receiving end

Facing a growing liquidity shortage as foreign exchange reserves continue to fall, Pakistan’s central bank has...

Published 26 Nov, 2022 05:47pm

Telecommunication

TPL REIT and TASC Towers submit bid to acquire Telecom Tower Infrastructure Company

TPL REIT says proposed acquisition is being supported by one of the largest national financial institutions

Updated 15 Nov, 2022 07:03pm

Telecommunication

TPL REIT Management Company, TASC Towers partner in bid to acquire telecom tower infrastructure

Duo participates as consortium in auction process for acquisition through an infrastructure REIT

Published 21 Sep, 2022 11:41am

Telecommunication

Play Tests not T20s in business, IT sector stalwarts advise startups

KARACHI: IT sector stalwarts have advised startup founders to play the long game and avoid going for the quick buck,...

Published 24 Aug, 2022 09:17pm

Telecommunication

Number of 3G, 4G users up by 1.86m in one month: PTA

Stood at 115.75 million by end-June 2022

Updated 21 Jul, 2022 10:42am

Telecommunication

PTA to revise MTR downward next month

ISLAMABAD: Pakistan Telecommunication Authority (PTA) will revise Mobile Termination Rate (MTR) to Re 0.40 per ...

Updated 14 Jun, 2022 09:37am

Telecommunication

Cellphone manufacturers say layoffs in offing as industry running low on raw material

Association says letters of credit for mobile phone CKD kits not being opened for two weeks

Published 03 Jun, 2022 09:20pm

Telecommunication

TECNO holds valuable partner meeting 2022 in Lahore

LAHORE: Globally eminent smartphone brand, TECNO held a splendid Valuable Partners Meeting 2022 at Faletti's Hotel,...

Published 26 Mar, 2022 12:28pm

Telecommunication

The all-new TECNO Spark 8C launched in Pakistan

LAHORE: Leading Chinese smartphone brand, TECNO has officially unveiled the new Spark 8C phone in Pakistan. The...

Published 24 Mar, 2022 11:06am

IT and Computers

PM approves incentive package for IT sector, freelancers

Public-private partnership venture capital fund also given go-ahead

Published 22 Feb, 2022 08:41pm

Telecommunication

‘End-of-life’: Old BlackBerries no longer work

NEW YORK: Nostalgic for those mobile phones with a physical keyboard? Brace yourself, because as of Tuesday many...

Published 05 Jan, 2022 05:36am

Telecommunication

TECNO marks another success with the all-new Camon 18 Series

With the smartphone market growing, brands have been going head to head to make a name for themselves. The...

Published 21 Dec, 2021 04:36pm

Telecommunication

Mobile phone manufacturing: PTA grants licence to Air Link's Select Technologies

Wholly-owned subsidiary will manufacture Xiaomi's smartphones

Published 30 Nov, 2021 12:58pm

Telecommunication

Jul-Oct mobile phone imports grow 15.54pc to $644.673m YoY

ISLAMABAD: The production of mobile phones by local manufacturing plants has almost doubled against the import of...

Published 30 Nov, 2021 05:23am

Telecommunication

Provision of 5G can greatly benefit Pakistan's healthcare, education sectors: experts

Say low latency will improve access to far-flung, remote areas

Updated 21 Nov, 2021 02:04pm

Telecommunication

Telenor launches suite of business solutions

Telenor Pakistan has launched its state-of-the art suite of business solutions to ensure its customers stay...

Published 11 Nov, 2021 01:14pm

Telecommunication

Xiaomi partners with Air Link to manufacture smartphones in Pakistan

Development comes after Air Link last month announced that it will incorporate a wholly-owned subsidiary 'Select Technologies (Pvt) Limited'

Updated 01 Nov, 2021 08:01pm

Telecommunication

Bold steps needed to harness potential of digitalisation: Jazz's chief business officer

Connectivity has now become a fundamental human right, and all governmental initiatives in the ICT arena must take...

Published 20 Oct, 2021 07:43pm

Telecommunication

Pakistan officially added to Amazon’s sellers' list, says Dawood

Amazon has confirmed that it has added Pakistan to its sellers' list, according to a recent tweet by Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood.

Published 21 May, 2021 12:05pm

Stocks

Brazil's financial social media platform TradersClub to file for IPO

The company is seeking a valuation of roughly 3 billion reais in the floatation, one of the sources added.
Brazil's lowest interest rates on record have prompted many investors who once stuck to fixed income to experiment with stocks and other riskier alternatives.

Published 20 May, 2021 07:39pm

Telecommunication

Spotify to launch auto-transcribe feature for podcasts soon

Spotify has announced today that it will be introducing a beta version of a podcast auto-transcription feature for its podcasts over the coming weeks

Published 18 May, 2021 08:04pm

Telecommunication

Telecom giant VEON acquires Pakistani operator Jazz for $273mn

The transaction gives VEON full ownership of Jazz.

Published 23 Mar, 2021 01:40pm

Telecommunication

Twitter starts testing its 'undo tweet' feature

Twitter has confirmed that it will be adding an 'undo tweet' feature to its platform.
Users might have to pay for this new feature.

Published 20 Mar, 2021 05:05pm

Telecommunication

Netflix's new test will crack down on password sharers

Netflix has introduced a new test to crack down on password sharing practices.
The company will ask users to verify if they are account owners by sending them an email or text code; those who fail to verify could not stream Netflix content anymore.

Published 12 Mar, 2021 07:52am

Telecommunication

IT & ITeS export remittances rise to $1.119bn: PSEB

IT-related export remittances have risen up to $1.119 billion during the July to January period of financial year 2020-21, according to the Pakistan Software Export Board (PSEB).

Published 24 Feb, 2021 03:25pm

Telecommunication

Twitter to label personal accounts of Heads of State

Twitter will be adding labels to the personal accounts of heads of state starting next week as part of its policy for government-affiliated accounts.

Published 15 Feb, 2021 05:41pm

Telecommunication

Microsoft tried to buy Pinterest

Microsoft approached Pinterest in recent months in an attempt to acquire the $51 billion social media company.
Although, the talks are currently not active, if successful, this could have been Microsoft's biggest deal to date.

Published 11 Feb, 2021 05:15pm

Telecommunication

Fazal Software Technology Park inaugurated in Islamabad: PSEB

Fazal Software Technology Park was inaugurated by Secretary IT Shoaib Ahmed Siddiqui on Thursday, as reported by the Pakistan Software Export Board (PSEB).
This is the second Software Technology Park inaugurated in Pakistan within a span of less than 3 months.

Published 08 Feb, 2021 04:05pm

Telecommunication

ICT Exports rise by 40 pc: MoITT

Information and Communication Technology exports in Pakistan rose by 40 percent to US$ 958 million during July-December of FY 2020-21.

Published 27 Jan, 2021 06:17pm

Telecommunication

India's TCS becomes Most Valued IT Company in the World

India's Tata Consultancy Services (TCS) overtakes Accenture to become the most valued IT services company in the world today.
TCS's market capitalization rose to US$ 169.9 billion ahead of its rival Accenture.

Published 25 Jan, 2021 07:51pm

Telecommunication

Soybeans ease for second session on Argentine labour talks

Wheat fell for a third consecutive session, while corn dropped for the first time in 12 sessions.

Published 29 Dec, 2020 09:50am

Telecommunication

Palm oil edges lower on weaker rivals, higher export taxes

On the Dalian Commodity Exchange, soyoil fell 0.6% and palm oil declined 0.8%.

Published 23 Dec, 2020 09:34am

Telecommunication

Illegal sale of SIMs: PTA slaps Rs 100 million fine on leading cellular firm

The Pakistan Telecommunication Authority (PTA) has imposed a huge fine of Rs100 million on a leading cellular company for contraventions and non-compliance of regulatory laws including sale of grey SIMs, unauthorized sale of SIMs through kiosks activities

Published 31 May, 2020 12:04am

Telecommunication

Ethiopia unlocks one of the world's last closed telecoms markets

For delivery man Sisay Alebachew, the difference between a good and bad day depends on Ethio Telecom, Ethiopia's monopoly telecoms provider.

Published 29 May, 2020 12:05am

Telecommunication

Zong releases campaign titled #humhainone

Zong 4G marks this Eid as a tribute to the resilience of the Pakistani nation as it releases its much-awaited campaign titled #humhainone. As the world continues battling with the pandemic, Zong 4G has come forward with a message of hope, optimism and uni

Published 27 May, 2020 12:06am

Telecommunication

UK set to scale back Huawei role in 5G network

Britain will reduce Chinese tech giant Huawei's controversial involvement in its 5G network in the wake of the coronavirus outbreak, the Daily Telegraph reported Saturday.

Published 24 May, 2020 12:01am

Telecommunication

Huawei says 'survival' at stake after US chip restrictions

Huawei on Monday assailed the latest US move to cut it off from semiconductor suppliers as a "pernicious" attack that will put the Chinese technology giant in "survival" mode and sow chaos in the global technology sector.

Published 19 May, 2020 12:02am

Telecommunication

Huawei to fund new tech hub at Imperial College London

Chinese telecoms giant Huawei is to fund a new £5 million ($6.1 million, 5.6-million-euro) technology hub at Imperial College London, British media reported. The institution did not confirm or deny the reports when contacted by AFP, and said an announceme

Published 19 May, 2020 12:02am

Telecommunication

China warns of 'necessary measures' to defend Huawei

China on Sunday warned it would take "necessary measures" to protect Huawei and other firms after the United States announced new restrictions on the tech giant's purchases of semiconductor technology.

Published 18 May, 2020 12:06am

Telecommunication

PTA extends deadline on blocking mobile device IMEIs till June 3

The Pakistan Telecommunication Authority (PTA) has further extended the deadline for blocking of mobile device IMEIs till 3rd June, 2020, for all GSMA valid IMEIs seen on mobile networks but currently not registered with the PTA.

Published 16 May, 2020 12:07am

Telecommunication

ECC takes up cell phone manufacturing policy today

The country's first mobile device manufacturing policy is all set to be considered by the Economic Coordination Committee (ECC) of the Cabinet Wednesday (May 13).

Published 13 May, 2020 12:07am

Telecommunication

TECNO holds CSR donation ceremony

TECNO, a premier smartphone brand conducted a CSR donation ceremony on 11th of May, 2020 in which Governor of the Punjab Chaudhry Sarwar along with other provincial government officials were present. The ceremony took place at Hafeez Centre in Lahore.

Published 13 May, 2020 12:07am

Telecommunication

Ufone provides best hybrid offer at competitive price

To ensure seamless connectivity round the clock, Pakistani telecom operator, Ufone has provided one of the best hybrid offers in a competitive price here on Thursday. Prepaid customers can stay connected through calls and Facebook all day by getting 500 m

Published 08 May, 2020 12:05am

Telecommunication

Telenor gets contract to provide hi-speed internet in Sanghar

The Universal Service Fund (USF) has awarded contract worth Rs 588 million to Telenor Pakistan for providing hi-speed broadband in Sanghar Lot, Sindh.

Published 08 May, 2020 12:05am

Telecommunication

O2, Virgin Media to merge into £38bn UK telco giant

Telefonica and Liberty Global on Thursday said they would merge their UK units O2 and Virgin Media to create a £38-billion telecoms giant that could shake up the British market.

Published 08 May, 2020 12:05am

Telecommunication

Realme to launch mid-range 6 series smartphone

Realme Pakistan recently took the wraps off its premium mid-range 6 series by unveiling its first member realme 6i now its high time for realme fan to get ready for realme 6 and realme 6 Pro launch event next week which is among the most eagerly anticipat

Published 07 May, 2020 12:02am

Telecommunication

Samsung heir apologises over corruption scandal

The heir to the Samsung empire bowed in apology Wednesday for company misconduct including a controversial plan for him to ascend to the leadership of the world's largest smartphone maker.

Published 07 May, 2020 12:02am

Telecommunication

Cellular phone operators' issues to be resolved: minister

Federal Minister for IT and Telecommunication Syed Aminul Haque has said that the issues of cellular mobile operators will be resolved, said a press release issued on Wednesday. The Federal Minister for IT was talking to CEO Jazz Aamir Ibrahim who called

Published 07 May, 2020 12:02am

Telecommunication

Itel Mobile launches vision series

The fastest growing international mobile brand in Pakistan, Itel launched an affordable marvel for its consumers. Itel Mobile is a global brand with its heartfelt mission being to provide budget friendly mobile phones and technology to everyone.

Published 03 May, 2020 12:05am

Telecommunication

Smartphone manufacturing: MIT&T to submit summary to ECC soon

The Ministry of Information Technology and Telecommunication will submit a summary to the Cabinet's Economic Coordination Committee (ECC) soon, proposing major incentives for smartphones manufacturing in Pakistan.

Published 01 May, 2020 12:54am

Telecommunication

Nokia clinches $1 billion deal with India's Airtel

Finnish network equipment maker Nokia has secured a multi-year contract to boost the capacity of one of India's largest mobile operators, the firm announced on Tuesday.

Published 28 Apr, 2020 11:42pm

Telecommunication

WhatsApp now allows you to video call with eight persons simultaneously

This feature has been introduced by WhatsApp for iOS users and users will be able to take advantage of this feature

Published 28 Apr, 2020 07:33am

Telecommunication

High-level body may recommend industry status for telecom sector

The high-level committee on cellular companies' issues is likely to recommend industry status for telecom sector and reduction in taxes to the prime minister, it has been learnt.

Published 25 Apr, 2020 09:49pm

Telecommunication

AT&T's Stephenson to step down

AT&T said Friday that Randall Stephenson was stepping down as chief executive after 13 years leading the telecom giant and engineering the contested takeover of entertainment powerhouse Time Warner.

Updated 26 Apr, 2020 04:57am

Telecommunication

Pakistan only country in South Asia ranked 4th Generation regulator

Pakistan scored 88 points and was among the top 5 regulators in the entire Asia-Pacific region with a global rank o

Published 24 Apr, 2020 06:59am

Telecommunication

Pakistan ranked 4th G4 by ITU

Pakistan has been ranked as 4th Generation Regulator (G4) by the International Telecommunication Union (ITU) and has become the only country in South Asia to have achieved this goalpost. Out of 38 economies in Asia-Pacific, only eight percent states have

Published 24 Apr, 2020 02:52am

Telecommunication

Domestic mobile phone industry awaits announcement of MDMP

The domestic mobile phone industry is eagerly awaiting the Mobile Device Manufacturing Policy (MDMP) which has been under preparation for over one year.

Published 23 Apr, 2020 02:53am

Telecommunication

Huawei revenue growth slows sharply in Q1

Chinese telecom giant Huawei said Tuesday its revenue grew at a sharply slower rate of just 1.4 percent in the first quarter, when the coronavirus and efforts to contain it shut down China's economy.

Published 22 Apr, 2020 02:52am

Telecommunication

Apple Music expands to 52 new countries in global services push

Apple Music is being expanded to 52 additional countries and territories in a push to broaden service revenue streams for the iPhone maker, the company said Tuesday.

Published 22 Apr, 2020 02:52am

Telecommunication

Samsung's blood pressure monitoring app earns medical device approval in South Korea

The software leverages a smartwatch's sensors and can regularly check a person's blood pressure. It will run o

Published 21 Apr, 2020 11:59am

Telecommunication

USF awards contract worth Rs 92 million to Jazz

The Universal Service Fund (USF) has awarded contract worth Rs 92 million to Jazz for providing hi-speed broadband in Kurram Lot (Khyber-Pakhtunkhwa).

Published 21 Apr, 2020 03:03am

Telecommunication

Jazz contributes Rs 50 million to PM's Covid-19 Relief Fund

Pakistan's leading digital company Jazz has contributed Rs 50 million to the Prime Minister's COVID-19 Pandemic Relief Fund, in line with its commitment to support the government in the fight against COVID-19.

Published 20 Apr, 2020 12:00am

Telecommunication

Telenor pledges Rs 1.6 billion towards Covid-19 relief efforts

Telenor has pledged Rs1.6 billion in cash and kind towards the COVID-19 relief efforts.

Published 17 Apr, 2020 12:00am

Telecommunication

Apple launches new iPhone for the budget-minded

Apple on Wednesday unveiled a new entry-level iPhone in a launch without fanfare, aiming to appeal to consumers facing a suddenly bleaker economic backdrop.

Published 16 Apr, 2020 12:00am

Telecommunication

UK dismisses 5G/coronavirus claims as 'nonsense'

The British government on Wednesday dismissed a TV presenter's claim that there could be a link between 5G technology and coronavirus as "complete nonsense".

Published 16 Apr, 2020 12:00am

Telecommunication

TECNO mobile extend warranties on smartphones

In the wake of coronavirus lockdown, TECNO mobile has announced to extend the smartphone warranty for an additional two months not only in Pakistan but in more than 15 countries globally. As the world is grappling with economic recession and COVID-19 emer

Published 15 Apr, 2020 12:00am

Telecommunication

PTA investigates data breach of 115mn Pakistani mobile users

PTA is trying to verify the authenticity of the claim. A Pakistani cybersecurity company discovered a data dum

Published 13 Apr, 2020 07:28am

Telecommunication

PTCL Group posts Rs 31.8 billion revenue in Q1 2020

Pakistan Telecommunication Company Limited (PTCL), the country's leading telecom and ICT services provider, has announced its financial results for the quarter ended March 31, 2020 at its Board of Directors meeting held in Islamabad on April 9, 2020.

Published 11 Apr, 2020 12:00am

Telecommunication

Ufone-PRCS partnership on corona: Over 10,000 volunteers registered in one week period

The successful partnership between a leading mobile company and Pakistan Red Crescent Society (PRCS) has lead to registration of over 10,000 volunteers in one week period to provide free of charge helpline to its customers to get updates and information o

Published 11 Apr, 2020 12:00am

Telecommunication

Jazz pledges Rs 1.2 billion support to Covid-19 relief

Jazz, a VEON group company, has pledged Rs1.2 billion support towards the COVID-19 relief, said a press release issued on Wednesday.

Published 09 Apr, 2020 12:00am

Telecommunication

Telenor launches 'Business Continuity Packages'

Telenor Business has launched "Business Continuity Packages" (BCP) to facilitate the business community during this hour of need and to ensure business continuity.

Published 09 Apr, 2020 12:00am

Telecommunication

Body formed to address issues of cellular phone operators

The government has constituted a 14-member committee to address the issues of "cellular mobile operators" and formulate recommendations for onward submission to the prime minister.

Published 08 Apr, 2020 12:00am

Telecommunication

PTA for rationalising tax regime for ICT sector

The Pakistan Telecommunication Authority (PTA) has recommended to the government to rationalise tax regime for information and communication technology (ICT) sector, and cut taxes on consumers of mobile phones and telecom operators to encourage new invest

Published 07 Apr, 2020 12:00am

Telecommunication

How to protect your WhatsApp data, FIA shares important tips

Asif Iqbal Chaudhry, Assistant Director of the FIA Cyber Crime Wing, in his video message explained how people'

Published 06 Apr, 2020 08:41am

Telecommunication

PTCL signs MoU with Gulberg Greens to provide ICT services

Pakistan Telecommunication Company Limited (PTCL) has signed a Memorandum of Understanding (MoU) with Gulberg Greens Islamabad for provision of Information Communication Technology (ICT) services and infrastructure in the society.

Published 04 Apr, 2020 12:00am

Telecommunication

Telecom goods worth $1.167 billion imported during July-February 2019-20

Pakistan's imports of telecom goods reach $1.167 billion during July-Feb 2019-20, up by 29.19 percent, official figures say. Up by $262.980 million during July-Feb 2019-20, telecom imports mounted from $904.020 million during July-Feb 2018-19, Pakistan Bu

Published 03 Apr, 2020 12:00am

Telecommunication

Huawei announces solid business performance

Huawei released its 2019 Annual Report, detailing a solid business performance. The company's global sales revenue in 2019 rounded off at $123 billion, up 19.1 percent year-on-year; its net profit reached $9 billion; and its cash flow from operating activ

Published 02 Apr, 2020 12:00am

Telecommunication

Moscow rolls out mobile tech to enforce virus lockdown

Moscow is rolling out a mobile phone app and scannable bar codes to check whether people are adhering to strict isolation rules during lockdown, an official said Wednesday.

Published 02 Apr, 2020 12:00am

Telecommunication

Fight against coronavirus pandemic: Ufone to help PRCS create awareness

A leading telecom company has taken a number of initiatives to facilitate their customers and support the national effort in fighting the coronavirus pandemic.

Published 02 Apr, 2020 12:00am

Telecommunication

PTA informed: Global, Netflix take steps to ease out stress on national telecom networks

Global service providers including Google and Netflix have informed the Pakistan Telecommunication Authority (PTA) about various steps they have been taking to support and ease out stress on national telecommunications networks in the wake of the COVID-19

Published 02 Apr, 2020 12:00am

Telecommunication

Huawei posts strong growth but warns 'most difficult year' ahead

Huawei said Tuesday it had sustained solid growth in its global businesses in 2019 despite a US campaign to isolate the Chinese tech giant, but warned of its "most difficult year" ahead.

Published 01 Apr, 2020 12:00am

Telecommunication

From 'Sam-suck' to Apple rival: the Samsung transformation

Military-style management and an unquestioning reverence for the founding Lee family have fuelled Samsung's transition from the world's most ridiculed phonemaker to its biggest, says the author of a new book.

Published 31 Mar, 2020 12:00am

Telecommunication

Huawei unveils P40 smartphones online

China's Huawei Technologies unveiled its new flagship photography-focused P40 smartphones on Wednesday in an online presentation after the coronavirus scuppered the event it had planned.

Published 30 Mar, 2020 12:00am

Telecommunication

Bouygues Telecom to put 20 percent of staff on partial unemployment

France's Bouygues Telecom said on Sunday about 20% of its workforce would be temporarily laid off during the coronavirus crisis and receive compensation for 15 days. France has launched a package of measures to cushion the economic blow dealt by the coron

Published 30 Mar, 2020 12:00am

Telecommunication

Covid-19 pandemic: Telecom operators act to facilitate subscribers

Telecom operators have been undertaking several initiatives amid COVID-19 pandemic to facilitate subscribers across Pakistan, and to provide them with awareness about coronavirus and uninterrupted services.

Published 29 Mar, 2020 12:00am

Telecommunication

Pakistan's telecom operators provide special packages amid coronavirus pandemic

SMS on precautionary measures against COVID-19 in national & regional languages are being sent to all mobile su

Updated 28 Mar, 2020 08:50am

Telecommunication

Ufone partners with MicroEnsure to offer 'USehat'

A leading mobile phone operator (Ufone) Friday partnered with MicroEnsure to offer 'USehat' to offer affordable healthcare solution to Pakistanis providing financial safety net to customer against costs of hospitalization at any hospital across Pakistan.

Published 28 Mar, 2020 12:00am

Telecommunication

Telecom sector's contribution to exchequer nosedives

Telecom sector contribution to the national exchequer and the Foreign Direct Investment (FDI) in the sector are on a continuous decline, remaining Rs95 billion and $635.3 million, while registering 37 percent and 20 percent fall, respectively during 2018-

Published 28 Mar, 2020 12:00am

Telecommunication

Internet usage increases 15pc as Pakistanis are compelled to stay at home amid corona crisis

A net increase of around 15 percent in internet usage was witnessed since last week as the country fights against C

Updated 27 Mar, 2020 08:13am

Telecommunication

Huawei flagship phone goes Google-free

Huawei drove into its post-Google era Thursday with a flagship smartphone that uses none of the Android maker's apps now that the Chinese group has been blacklisted by US authorities. The new P40 might not be the first Google-free phone launched by Huawei

Published 27 Mar, 2020 12:00am

Telecommunication

PTA chief hails PM relief package

Chairman Pakistan Tanner's Association (PTA) Sheikh Afzal Hussain has hailed the relief package announced by the Prime Minister of Pakistan which worth Rs1 trillion in comprehensive which was of course fundamental need of the country and export industries

Published 27 Mar, 2020 12:00am

Telecommunication

Ufone offers unlimited U-U & PTCL minutes

It is a time when every Pakistani is engulfed by fear and worries related to coronavirus. Amidst the panic, Pakistani brand Ufone is trying to help out its people to live with befikri through introduction of unlimited U-U and PTCL minutes (additional 5,00

Published 27 Mar, 2020 12:00am

Telecommunication

G7 pledges to 'do whatever is necessary' to restore growth

G7 finance ministers and central bank chiefs on Tuesday vowed to "do whatever is necessary" to safeguard jobs and the economy from disruptions caused by the coronavirus pandemic.

Published 25 Mar, 2020 12:00am

Telecommunication

Ufone monthly data offer to ensure seamless communication

Due to the coronavirus outbreak in Pakistan, many people are now working from and staying at home to ensure social distancing. This has further increased the demand of effective and seamless communication. Owing to this growing demand, Ufone has introduce

Published 24 Mar, 2020 12:00am

Telecommunication

Closure of telecom franchises to disturb social connectivity

Closer of telecom franchises, during the lockdown, may disturb the social connectivity and information sharing related to coronavirus (COVID-19).

Published 24 Mar, 2020 12:00am

Telecommunication

Thales, Telstra, Microsoft & Arduino deliver scalable trust for easy-to-deploy IoT applications

Thales and Telstra, Australia's leading telecommunications company are working with Microsoft and Arduino to pave the way for scalable security for connected IoT devices, by implementing a solution that enables trusted and secure end-to-end communication

Published 23 Mar, 2020 12:00am

Telecommunication

Xiaomi says 80 percent of supply chain operational ahead of 5G phone launch

China's Xiaomi had resumed operations for over 80 percent of its supply chain as of Thursday in the wake of the country's coronavirus outbreak, the company's president said. Wang Xiang told an online media briefing that the company was still very confiden

Published 23 Mar, 2020 12:00am

Telecommunication

Plunge in smartphone shipments: report

Smartphone shipments took an historic plunge last month as the novel coronavirus disrupted supply and demand, industry tracker Strategy Analytics said on Friday. Global smartphone shipments dropped to 61.8 million in February, a 38 percent drop from the s

Published 22 Mar, 2020 12:00am

Telecommunication

Infinix S5 Pro launched

Infinix, a leading smartphone brand, has launched its latest devise Infinix S5 Pro with a pop-up selfie camera. Infinix Pakistan CEO Joe Hu said that they are introducing a new member to the Infinix S5 family.

Published 22 Mar, 2020 12:00am

Telecommunication

Online launch of OPPO's Reno3 series held

The premium smartphone maker, OPPO, launched the magnificent RENO3 Series in the first ever online launch event in Pakistan hosted by Sheheryar Munawar.

Published 21 Mar, 2020 12:00am

Telecommunication

Telenor, Zong & Ufone miss most of key performance indicators: survey

Telenor, Zong and Ufone have missed most of the key performance indicators (KPIs) set in their license and applicable regulations, revealed an independent quality of service survey carried out by the Pakistan Telecommunication Authority (PTA).

Published 21 Mar, 2020 12:00am

Telecommunication

PTCL & Ufone close sales & service centers

In the best interest of public health, Pakistan Telecommunication Company Limited & Ufone have announced closure of Sales & Service Centers and Joint Shops across Pakistan till March 31, 2020, due to the increasing number of coronavirus cases emerging in

Published 21 Mar, 2020 12:00am

Telecommunication

COVID-19 outbreak: PTA issues advisory for operators, stakeholders

The Pakistan Telecommunication Authority (PTA) has issued an advisory for telecom operators and stakeholders for uninterrupted telecom services amid coronavirus (COVID-19) outbreak in the country.

Published 21 Mar, 2020 12:00am

Telecommunication

Zong 4G partners with NayaPay

Zong 4G partners with NayaPay to provide seamless digital experience to customers leading the charge in customer advocacy. Zong 4G has partnered with NayaPay (Pvt) Limited to enable its customers to make digital payments for its services. The two organis

Published 19 Mar, 2020 12:00am

Telecommunication

Online education, business activities: Legal VoIPs, VPNs & video conferencing apps can be used: PTA

The Pakistan Telecommunication Authority (PTA) on Wednesday announced that all educational institutes and online businesses can use legal Voice over Internet Protocols (VoIP), Virtual Private Networks (VPN), and video conferencing applications to carry on

Published 19 Mar, 2020 12:00am

Telecommunication

Pakistan launches chatbot, dashboard to address coronavirus queries

The chatbot is programmed to answer several queries related to coronavirus. The government has also establishe

Published 17 Mar, 2020 06:40am

Telecommunication

SIMs data to be shifted to PTA for authentication, verification

The SIMs data currently secure at the Cellular Mobile Operators (CMOs)' level is to be shifted to the Pakistan Telecommunication Authority (PTA) for authentication and verification as the authority is reviewing SIM sale and authentication process, officia

Published 17 Mar, 2020 12:00am

Telecommunication

Huawei granted another 45 days to do business with US companies

The United States on Tuesday granted Chinese telecom giant Huawei another 45 days to continue doing business with American companies. The new provisional license expires on May 15. Prior to the extension, the previous license was set to expire on April 1.

Published 16 Mar, 2020 12:00am

Telecommunication

Telenor marks 15 years operations in Pakistan

Telenor Pakistan on Friday marked 15 years of its operations in Pakistan with an investment of over $4.5 billion, making it one of the largest foreign direct investors in the country, and has paid over $2.5 billion in direct and indirect taxes through a s

Published 14 Mar, 2020 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular