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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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 16	5297.10
Nasdaq / May 16	16698.32
Dow Jones / May 16	39869.38
India Sensex / May 17	73946.83
Tokyo Nikkei / May 17	38787.38
Hang Seng / May 17	19525.75
FTSE 100 / May 17	8430.62
Germany DAX 30 / May 17	18692.83

Item	Value
Petrol/Litre / May 17	273.10
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210048
Gold Spot USD/Ounce / May 17	2386.18
Diesel/Litre / May 17	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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