Telecommunication - Technology

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 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%.

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.

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".

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

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

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

Huawei unveiled an upgrade to its folding smartphone on February 24, hoping that a faster phone with higher-quality display will encourage consumers to spend as much as $2,700 for the top-of-the-range version. The new Mate XS arrives a year after the Chin

Published 02 Mar, 2020 12:00am

Telecommunication

Apple, J&J to study if Apple Watch app leads to lower stroke risk

Johnson & Johnson said on Tuesday it would partner with Apple Inc on a study to use an iPhone app and the Apple Watch to study how earlier detection of atrial fibrillation impacts stroke in people aged 65 or older.

Published 02 Mar, 2020 12:00am

Telecommunication

Sony focuses on professional photo features with new Xperia handsets

Japan's Sony, which lags its South Korean and Chinese rivals in smartphone sales, on February 24 unveiled a new handset featuring advanced camera technology to boost its appeal for video and film professionals. Speaking via web streaming from Tokyo, Presi

Published 02 Mar, 2020 12:00am

Telecommunication

Regulators move to fine telecoms for selling location data

US regulators moved to impose fines Friday against the nation's four major wireless carriers for selling location data of customers without their consent.

For an event meant to showcase the power of telecoms, cancelling this year's Mobile World Congress in Barcelona without a back-up plan has perplexed many in the trillion-dollar sector. Wednesday's decision to call off the telecoms industry's biggest annua

The United States and the European Union could team up to counter the dominance of China's Huawei Technologies in next-generation 5G telecoms technology, but not if Washington continues to threaten tariffs against Brussels, a senior German conservative la

Published 09 Feb, 2020 12:00am

Telecommunication

Apple fined in France over iPhone-slowing software

France's consumer watchdog said Friday that Apple had agreed to pay 25 million euros ($27.4 million) for failing to tell iPhone users that software updates could slow down older devices. The scandal erupted in December 2017, when the US tech giant admitte

Published 08 Feb, 2020 12:00am

Telecommunication

Huawei makes 'Double Deposit Offer'

With market anticipation on a high, the pre-orders of Huawei Y6s were a hit as the entire pre-order stock was booked in less than a week; this time Huawei had made an exciting 'Double Deposit Offer' for its budget Y Series variant that got consumers to Hu

Published 08 Feb, 2020 12:00am

Telecommunication

Nokia recovers in fourth quarter

Finnish telecom equipment provider Nokia beat expectations in a "challenging" 2019 as a strong fourth quarter enabled it to post its first full-year net profit since 2015, of 7.0 million euros. For the three months to December, it chalked up net profit of

Published 07 Feb, 2020 12:00am

Telecommunication

Vodafone takes 200 million euro hit from Huawei 5G curbs

British telecoms giant Vodafone revealed Wednesday that it would cost about 200 million euros ($221 million) over five years to remove controversial Chinese group Huawei's equipment from core 5G European activities. "We have now decided, as a result of th

Published 06 Feb, 2020 12:00am

Telecommunication

PTA clarification

Apropos a news item titled "Imported Cellphones: Experts Underscore Need for Revision of Tax Slabs" which was published in Business Recorder on 4th February 2020, it is clarified that the news item presents a skewed and incorrect image of the Devic

Published 06 Feb, 2020 12:00am

Telecommunication

TCL set to end deal making BlackBerry smartphones

Chinese electronics group TCL will stop producing BlackBerry-branded smartphones this year, the companies said Monday, leaving it unclear whether that will be the end of the line for the once-dominant handsets.

Published 04 Feb, 2020 12:00am

Telecommunication

5G: Five things to know

It is heralded as the breakthrough to a brave new world of technology, but in the here and now, super-fast 5G networking has been pitting the United States against China. On Tuesday, the European Union and Britain indicated a conditional green light for C

Published 03 Feb, 2020 12:00am

Telecommunication

Huawei 5G troubles to test Nordic competitors' bandwidth

Tougher UK and EU rules restricting 5G network supplier Huawei should be a golden opportunity for competitors Nokia and Ericsson, but the companies may struggle to meet the increased demand, analysts warned. On Tuesday, Britain imposed a 35 percent cap on

Published 03 Feb, 2020 12:00am

Telecommunication

Telecom imports bill up by 29 percent

Pakistan's overall telecom imports bill surged by 29 percent to $844.657 million in July-Dec 2019-20, official figures say. Increase in the telecom imports reached to the tune of $188.73 million in July-Dec 2019-20 from $655.927 million in July-Dec 2018-1

Published 02 Feb, 2020 12:00am

Telecommunication

TECNO to launch its first Pop up Camera soon

Published 30 Jan, 2020 12:00am

Telecommunication

Vodafone sells Egypt stake to Saudi group for $2.4 billion

British telecoms group Vodafone said Wednesday it had agreed to sell its majority stake in its Egyptian unit to Saudi Telecom Company for $2.4 billion (2.2 billion euros).

Published 30 Jan, 2020 12:00am

Telecommunication

Johnson says can square Huawei 5G role with security concerns

British Prime Minister Boris Johnson on Monday insisted the UK can have technological progress while preserving national security, as he prepared to approve a role for Chinese telecoms giant Huawei in developing its 5G telecoms network despite strong US o

Published 28 Jan, 2020 12:00am

Telecommunication

UK likely to decide on Huawei 5G this week

Britain is expected to announce this week whether to allow China's Huawei to develop its 5G network, an official said Friday, amid indications it will agree to grant at least limited access despite intense US opposition. A senior UK official, speaking on

Canadian government lawyers on Wednesday laid out a case for extraditing a senior Huawei executive to the United States, saying it is based on "a fraud on a bank."

Published 23 Jan, 2020 12:00am

Telecommunication

NGBSD Programme: USF Co's BoD okays award of contracts to Telenor & Jazz

The Board of Directors (BoD) of Universal Service Fund Company (USF Co) has approved award of two contracts with a subsidy of Rs 680 million to Telenor Pakistan and Jazz under Next Generation Broadband for Sustainable Development (NGBSD) Programme.

Chairman EDB's Board, Almas Hyder on Wednesday said that final touches are being given to Pakistan's mobile set manufacturing policy which will be ready within the month.

Published 16 Jan, 2020 12:00am

Telecommunication

CPEC initiative: Zong introduces unlimited calls to China

The launch of this bundle is in-line with our strategy of connecting both private and corporate customers, says Zon

Poland's Cyfrowy Polsat said on Friday its Polkomtel unit had begun the roll-out of commercial 5G technology and aimed to start serving seven cities in the first quarter. The network, on the 2600 MHz TDD frequency, will be rolled out using technology from

Pakistan's import of mobile handsets surged by 64 percent to $498.466 million during July-Nov 2019, official figures say. Increase in cellular handsets now stands at $193.815 million during July-Nov 2019 comparing to the phones import of $304.651 million

Published 31 Dec, 2019 12:00am

Telecommunication

China names and shames tech giants for app privacy violations

Chinese tech giants Tencent and Xiaomi have been reprimanded by Beijing for designing apps that infringe on users' privacy, even as the Communist regime amasses its own collection of personal data. China, which exercises close surveillance of online activ

Published 30 Dec, 2019 12:00am

Telecommunication

Huawei's role in Italy's 5G network sought

Chinese telecoms firm Huawei should be allowed a role in Italy's future 5G network, the Italian industry minister said on Sunday after an influential parliamentary committee called on Rome to block the company. The United States has lobbied Italy and othe

Published 30 Dec, 2019 12:00am

Telecommunication

Decade in Review: what the smartphone has wrought

When the first Apple iPhone hit the market in 2007, not everyone was convinced it would supplant the flip-phone. When Google's Android software system arrived a year later, the Blackberry still seemed to have bright future.

Published 30 Dec, 2019 12:00am

Telecommunication

Thuraya signs service partnership with Rockville Technologies

Thuraya Telecommunications Company, a subsidiary of the Al Yah Satellite Communications Company (Yahsat), on Saturday announced that it has signed a service partner agreement with Rockville Technologies, one of the leading system integrators and IoT/M2M s

Published 29 Dec, 2019 12:00am

Telecommunication

Call connection time: only Ufone and SCO following benchmark: PTA

Only Ufone and Special Communications Organization (SCO) are following the benchmark of call connection time of 6.5 seconds, said Pakistan Telecommunication Authority (PTA).

Published 29 Dec, 2019 12:00am

Telecommunication

NA body visits NTC HO

National Assembly Standing Committee on IT & Telecommunication visited NTC headquarters and Managing Director NTC Brigadier Viqar Rashid Khan (retd) briefed about ICT Services, being offered by NTC. According to a press release issued here, NTC's performa

Published 27 Dec, 2019 12:00am

Telecommunication

Ministry seeks reduction in taxes/duties on mobile phones

The Ministry of Information Technology and Telecommunication has opposed Federal Board of Revenue's (FBR) taxation on mobile phones import under Baggage Rules and recommended reduction in duties/taxes on smart phones to achieve digital vision of the gover

To ensure seamless connectivity for tourists and guests, Telenor Pakistan, in partnership with Serena Hotels Pakistan, has launched a revolutionary, first-of-its-kind digital platform. This solution, called 'S TEL,' will be a complimentary service for Ser

Published 23 Dec, 2019 12:00am

Telecommunication

Golootlo partners with Jazz

In an effort to enrich Jazz World and to provide additional value to its customers, Jazz has entered into a partnership with Golootlo. The partnership will provide Jazz World users with access to over 12,500 discounts at their favorite outlets all over th

Published 22 Dec, 2019 12:00am

Telecommunication

PTA approaches WhatsApp over hacking of Pakistani users

PTA says it intended to get details of users targeted in Pakistan but also to have an update on the remedial measur

Published 21 Dec, 2019 06:26am

Telecommunication

Realme to launch 5s smartphone

The Realme Pakistan on Wednesday announced to launch its new smartphone Realme 5s on December 23.

Published 20 Dec, 2019 12:00am

Telecommunication

Sanctions-hit Huawei plans components plant in Europe

Chinese telecommunications group Huawei is working on a plan to build its own components at a site in Europe, its chairman told AFP, as the 5G leader strives to overcome US sanctions.

Published 19 Dec, 2019 12:00am

Telecommunication

Samsung chairman jailed for union sabotage

The chairman of Samsung Electronics, the world's biggest smartphone and chip maker, has been jailed for sabotaging union activities, prompting a rare apology on Wednesday from the firm.

Published 19 Dec, 2019 12:00am

Telecommunication

PTCL organises 'Talks@PTCL'

Pakistan Telecommunication Company Limited (PTCL), organized 'Talks@PTCL' where industry professionals enthralled the audience with their inspirational talks on topics related to technology, digital ecosystem and development of in-house talent. The event

Published 19 Dec, 2019 12:00am

Telecommunication

PTA blocks total of 933,775 objectionable URLs so far

Pakistan Telecommunication Authority (PTA) has blocked a total of 933,775 uniform resource locators (URLs) so far carrying objectionable/pornographic images, texts and videos in the country.

Pakistan Telecommunication Company Limited (PTCL), in its endeavor to support the Clean Green Pakistan Movement, has initiated a comprehensive project to install latest solar power systems to conserve energy and support environmental preservation at its H

Published 13 Dec, 2019 12:00am

Telecommunication

Oppo launches Reno2 special edition smartphone

OPPO, a leading smartphone brand, launched its new Reno2 F Shahryar Munawar Special Edition in Pakistan on December 10.

Published 13 Dec, 2019 12:00am

Telecommunication

Tecno’s new campaign has thrilled its audience once again

People are expecting something bigger and better once again by this renowned smartphone brand. Recently a pict

Published 12 Dec, 2019 06:45am

Telecommunication

Huawei wins contract to develop German 5G network

Chinese telecom giant Huawei on Wednesday won a contract to supply 5G infrastructure in Germany but the politically sensitive deal is subject to government approval following US concerns about snooping.

Russian President Vladimir Putin has signed a law a requiring all smartphones and computers sold in the country to come pre-installed with Russian software. The legislation, which will take effect in July 2020, is aimed at promoting Russian-made software.

Pakistan Telecommunication Company Limited (PTCL) hosted Shoaib Ahmad Siddiqui, Secretary IT & Telecom and Chairman Board of Director, PTCL visit to PTCL's zonal office in Lahore for a business review meeting.

Published 05 Dec, 2019 12:00am

Telecommunication

Huawei to shift research from hostile US to Canada: founder

Chinese tech giant Huawei, facing US criminal charges and economic sanctions, is planning to relocate its telecommunications research from the United States to Canada, founder Ren Zhengfei said in an interview published Tuesday.

Published 04 Dec, 2019 12:00am

Telecommunication

Russia makes local apps mandatory on smartphones

Published 30 Nov, 2019 12:00am

Telecommunication

July-October 2019: government imports 19.42 percent more telecom products

Pakistan imported 19.42 percent more telecom products to $535.645 million in July-Oct 2019, official figures indicate. Increase in telecom imports now stands at $87.115 million in July-Oct 2019 comparing to their imports of $448.530 million in July-Oct 20

Published 30 Nov, 2019 12:00am

Telecommunication

'PTCL Safeer' programme launched

Pakistan Telecommunication Company Limited (PTCL) has launched its new initiative called 'PTCL Safeer' (Ambassadors), which is based on the concept of a Campus Ambassador Program and is an integral part of PTCL's transformational journey. The objective of

Published 29 Nov, 2019 12:00am

Telecommunication

Huawei launches Y9s smartphone

The latest entrant of Huawei's successful Y Series, the Huawei Y9s was launched in the provincial capital and pre-orders for the smartphone will begin from November 30 till December 6.

Published 29 Nov, 2019 12:00am

Telecommunication

TCL launches series of mobile & tablet devices

TCL Communication on Monday launched its latest series of mobile and tablet devices in Pakistan, including the flagship Alcatel 3X smartphone and Alcatel Tablet series 3T and 1T.

Published 26 Nov, 2019 12:00am

Telecommunication

Telenor Pakistan condemns Norway incident

Telenor Pakistan has strongly condemned the desecration of Holy Quran and expresses deepest concern over the unfortunate incident that took place in Norway. The company remains committed to the country and is proud to serve millions of Pakistanis.

Published 26 Nov, 2019 12:00am

Telecommunication

Israeli regulator delays 5G mobile tender by two weeks

Israel's telecoms regulator on Sunday delayed a tender for fifth-generation (5G) cellular frequencies after mobile companies asked for more time.

The United States on Monday granted another 90 days for companies to cease doing business with China's telecoms giant Huawei, saying this would allow service providers to continue to serve rural areas.

Published 19 Nov, 2019 12:00am

Telecommunication

3G & 4G users reach 73.26 million by end-October

The number of 3G and 4G users in Pakistan reached 73.26 million by end-October compared to 72.12 million by end-September 2019, said Pakistan Telecommunication Authority (PTA).

Published 19 Nov, 2019 12:00am

Telecommunication

Vodafone Idea makes $7 billion loss after provisions for government dues

Indian mobile carrier Vodafone Idea on Thursday reported the biggest quarterly loss in India's corporate history after making provisions for outstanding government dues.

Published 18 Nov, 2019 12:00am

Telecommunication

Edotco, Zong 4G partner to strengthen 4G coverage in Pakistan

Edotco Group Sdn Bhd ("edotco"), the region's end-to-end integrated telecommunications infrastructure services company through its local operations edotco Pakistan Private Limited ("edotco Pakistan") signed a long-term agreement with Zong 4G to collaborat

Jazz, Pakistan's leading mobile operator and digital communications company, has selected IBM Cloud and Analytics Solutions as key components of its digital transformation. IBM will build a private cloud environment at Jazz's data centre to deliver IBM An

Published 12 Nov, 2019 12:00am

Telecommunication

MoITT to hire financial adviser for transaction advisory services

The Ministry of Information Technology and Telecommunication (MoITT) has decided to hire financial advisor (FA) to provide transaction advisory services (TAS) to solicit partnership through a suitable mode to utilize capability of Telephone Industries of

Published 10 Nov, 2019 12:00am

Telecommunication

How carrying TECNO phone has become a style trend?

TECNO has come up with trendy budget phones that are feature rich and integrate revolutionary technology. TECN

Published 09 Nov, 2019 06:33am

Telecommunication

Increase in pension: Senate body adopts report on PTCL's retired employees' issue

The Senate Standing Committee on Information Technology and Telecommunication on Friday adopted the report of the sub-committee on the issue of increase in pension of retired employees of PTCL payable by the Pakistan Telecommunication Employees Trust (PTE

Published 09 Nov, 2019 12:00am

Telecommunication

Telecom imports surges to $375.221 million in July-September

Pakistan's telecom imports surged to $375.221 million in July-Sept 2019, which are higher by 14.21 percent, official figures say.

Published 08 Nov, 2019 12:00am

Telecommunication

Oppo to launch Qualcomm-powered 5G smartphone

China Telecom, China Mobile and China Unicom, China's three major Chinese carriers debuted 5G service packages on October 31st, marking the official commercialization of 5G in the country.

Published 07 Nov, 2019 12:00am

Telecommunication

itel Pakistan sign contract with Airlink Communications

An official contract signing ceremony between itel Pakistan and Airlink Communications was held at a local hotel in Lahore. The contract was signed by the CEO of itel Pakistan, Zeeshan Yousuf and CEO Airlink Communications, Muzaffar H. Paracha.

Published 07 Nov, 2019 12:00am

Telecommunication

Pakistan beats India, Bangladesh in mobile net speed: Ookla report

Broadband speed analysis firm Ookla found Pakistan’s mobile net speed among the fastest in South Asia, with a downl

Shares in Nokia tumbled 20 percent on Thursday after the Finnish telecommunications equipment maker cut its earnings forecast in the face of intense competition to build the latest 5G mobile networks. While returning to profit in the third quarter, the co

Telecoms equipment maker Ericsson beat quarterly core earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020, saying demand for superfast 5G networks was taking off earlier than expected.

Updated 21 Oct, 2019 06:54am

Telecommunication

Samsung to deploy software patch after Galaxy S10 fingerprint flaw found

A flaw with Samsung's top-end Galaxy S10 fingerprint system that allows the smartphone to be opened by a third party will soon be fixed, the tech giant said Thursday. A user in the UK told the Sun newspaper earlier this week her Samsung device could be un

Updated 21 Oct, 2019 04:43am

Telecommunication

3G, 4G users reach 72.12 million by end-September: PTA

The number of 3G and 4G users in Pakistan reached 72.12 million by end-September compared to 71.35 million by end-August 2019, said Pakistan Telecommunica-tion Authority (PTA).

Pakistan Telecommunication Company Limited (PTCL) Group's revenue for the first nine months (January-September) 2019 has grown year-on-year (YoY) by 4.5 percent to Rs 98 billion compared to Rs 93.208 billion during the same period of 2018.

Updated 17 Oct, 2019 06:38am

Telecommunication

Zong 4G partners with Enfrashare to expand network

Zong 4G, Pakistan's leading telecommunication network, has entered into a strategic partnership with Enfrashare Private Limited, a leading connectivity infrastructure provider. The partnership will support Zong 4G's expansion of its largest 4G network of

Updated 15 Oct, 2019 06:10am

Telecommunication

Vivo unveils new V17 Pro Smartphone

Vivo unveiled the new V17 Pro smartphone in Lahore where Vivo's first Brand Ambassador in Pakistan Fahad Mustafa along with other celebrities, fashion icons, tech KOLs and Vivo's business partners attended the event. The V17 Pro sports the industry's firs

Updated 15 Oct, 2019 06:14am

Telecommunication

Vodafone to close more than 1,000 stores

Vodafone will shut 15% of its 7,700 stores and upgrade some of the remaining outlets as customers buy more online and change their expectations of in-store shopping, chief executive Nick Read said on Tuesday. The group will overhaul its store estate using

Special Communications Organization (SCO), the largest Integrated Telecom Service Provider in Azad Jammu & Kashmir (AJ&K) and Gilgit-Baltistan (GB) and Ufone have here on Thursday signed a Bilateral Roaming Services Agreement at PTCL headquarters, Islamab

Updated 14 Oct, 2019 07:17am

Telecommunication

OPPO to unveil Reno2 Series in Pakistan on 17th

OPPO, a leading smartphone brand, will unveil its Reno2 Series in Pakistan on October 17, promising to redefine the limits of users' creativity.

Updated 10 Oct, 2019 09:46am

Telecommunication

PTCL, LDA sign MoU for beautification of underpasses

Pakistan Telecommunication Company Limited (PTCL) and Lahore Development Authority (LDA) on Tuesday signed a Memorandum of Understanding (MoU) for the beautification and renovation of 19 underpasses in the provincial capital.

Updated 10 Oct, 2019 10:45am

Telecommunication

Samsung brings powerful Galaxy Note10 features to Galaxy S10

The Galaxy Note10 and Note10+ are packed with powerful tools designed to help users unleash their creativity and be more productive. Now, with the new software update, Samsung Electronics is introducing many of those same bar-raising innovations - includi

Updated 10 Oct, 2019 06:06am

Telecommunication

First mobile phone policy next month

Prime Minister's Advisor Commerce, Textile, Industries and Production and Investment, Abdul Razak Dawood on Monday hinted that the government will announce Pakistan's first Mobile Phone Policy next month. He said this while presiding over a meeting on dra

Updated 09 Oct, 2019 11:15am

Telecommunication

Ufone's flagship 'Summer Internship Program 2019' concludes

Ufone's flagship Summer Internship Program 2019 successfully concluded with a closing ceremony organized at Ufone Tower, Islamabad.

Updated 09 Oct, 2019 11:20am

Telecommunication

Vodafone tests new network tech in UK in challenge to 'big three' suppliers

Vodafone is testing innovative open access radio technology in Britain - a first for Europe - in a move that could break the grip Huawei, Ericsson and Nokia hold on the telco equipment market. OpenRAN, which has been developed by Vodafone and Intel, stand

Updated 09 Oct, 2019 11:33am

Telecommunication

Russia welcomes Huawei to develop 5G network

While the US banned Huawei for alleged espionage and asked its allies to do the same, Moscow has rolled out the red carpet for the Chinese tech company, letting it develop 5G networks in Russia. Analysts say the move is as much a show of solidarity with B

Updated 09 Oct, 2019 11:30am

Telecommunication

Number of 3G, 4G users reaches 71.35 million by end-August: PTA

The number of 3G and 4G users in Pakistan reached 71.35 million by end-August compared to 69.87 million by end-July 2019, said Pakistan Telecommunication Authority (PTA). The number of mobile phone users in Pakistan reached 161.788 million by end-August c

Published 06 Oct, 2019 12:00am

Telecommunication

Extra surcharges on utility bill: PTCL directed to prepare slabs

A Senate panel on Friday directed Pakistan Telecommunication Company Limited (PTCL) to prepare slabs regarding extra surcharges on the utility bill of its consumers. The Standing Committee on Information Technology and Telecommunication, which met with Se

Published 05 Oct, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72