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telecom sector

FDI in telecom sector declines

ISLAMABAD: Telecom industry’s Foreign Direct Investment (FDI) contribution to the national exchequer and investment...

Updated 17 Dec, 2024 03:25pm

Business & Finance

Telecom operators set prerequisites for launch of 5G

ISLAMABAD: Telecom operators have set prerequisites including local currency payments, staggered payment plans, and...

Published 11 Dec, 2024 06:45am

Business & Finance

PM vows to achieve $25bn IT export target

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday reiterated his government’s resolve to meet $25 billion IT...

Published 09 Nov, 2024 06:36am

FBR reconstitutes SSTR committee

ISLAMABAD: The Federal Board of Revenue (FBR) has reconstituted Single Sales Tax Return (SSTR) Committee for filing...

Updated 28 Sep, 2024 08:55am

Senate panel told: Non-renewal of LDI licences to impact telecom ecosystem

ISLAMABAD: The non-renewal of Long Distance International (LDI) licenses on account of outstanding dues of around...

Updated 10 Sep, 2024 09:16am

Pakistan

NOC process for telecom operators: MoITT launches RoW one-window operation

ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has introduced the Right of Way ...

Published 09 Sep, 2024 07:03am

Editorials

Internet connectivity riddle

EDITORIAL: It seems Pakistanis will have to wait a while not just for their internet connectivity to get better but...

Published 01 Sep, 2024 02:46am

Business & Finance

April-June: PTCL sustains Rs3.4bn in losses as finance cost bites

Pakistan Telecommunication Company Limited (PTCL) sustained massive losses to the tune of Rs3.4 billion during the...

Updated 28 Aug, 2024 04:59pm

Pakistan

Pakistan’s first low-carbon energy storage ‘ESaaS’ project launched

ISLAMABAD: In a significant step towards sustainable innovation, Pakistan witnessed the launch of its first...

Updated 26 Aug, 2024 07:54am

Pakistan

Internet disruption: Govt says it’s due to submarine cable fault

ISLAMABAD: Amid admission of upgrading National Firewall System (NFS) in the country to monitor social media,...

Published 22 Aug, 2024 06:58am

Business & Finance

CCP engages key stakeholders in proposed PTCL-Telenor merger

ISLAMABAD: The Competition Commission of Pakistan (CCP) is currently conducting an in-depth Phase II Merger analysis...

Published 22 Aug, 2024 06:58am

Business & Finance

Telenor Pakistan launches advanced eSIM technology

ISLAMABAD: Telenor Pakistan announced the launch of its advanced eSIM technology, for its customers nationwide. ...

Published 21 Aug, 2024 06:42am

Business & Finance

China Mobile continues to lead telecom industry

ISLAMABAD: China Mobile International Limited, [China Mobile Communication Corporation (CMCC)] continues to lead the...

Published 13 Aug, 2024 07:02am

Technology

Telecom sector eyeing to generate Rs1000bn: PTA

ISLAMABAD: The total revenue from telecom sector in this fiscal year is estimated at Rs1,000 billion, Chairman...

Published 02 Aug, 2024 05:55am

Business & Finance

PTA too against pegging spectrum with US dollar

ISLAMABAD: Pakistan Telecommunication Authority (PTA) supports the idea to not peg spectrum with the US dollar at ...

Published 11 Jul, 2024 07:24am

Markets

PTCL secures $400mn loan from IFC for Telenor Pakistan acquisition

Pakistan Telecommunication Company Limited (PTCL) has secured debt financing of up to $400 million from the...

Updated 28 Jun, 2024 05:35pm

e-vehicles, telecom sector: FBR vows to review omission of incentives

ISLAMABAD: The Federal Board of Revenue (FBR) has assured the finance committee that it will review the omission of...

Updated 21 Jun, 2024 09:17am

Business & Finance

Finance Bill: New steps to trigger mass exodus of foreign investment: Telecom industry

ISLAMABAD: Telecom industry has warned the government that new measures proposed in the finance bill would trigger a...

Published 15 Jun, 2024 06:57am

Technology

Budget proposals 2024-25: telecom sector in a fix

The latest budget proposals in Pakistan have raised concerns in the telecommunications sector. The government’s...

Published 13 Jun, 2024 12:39am

Technology

Economic Survey 2023-24: mobile phones dominate as Pakistan’s telecom sector imports stand at $1.62bn

Imports by Pakistan’s telecom sector soared by 117.9%, jumping to $1.623 billion during July-March FY2024, according...

Updated 11 Jun, 2024 11:57pm

Business & Finance

FBR starts process of blocking mobile SIMs of non-filers

First batch comprising 5,000 non-filers has been communicated to telecom operators for disabling their mobile phone SIMs, board says

Updated 11 May, 2024 12:29am

Business & Finance

Canada’s Bell to cut 4,800 jobs in latest round as ad dollars dry up

Canadian media and telecom firm Bell will cut 4,800 positions, parent company BCE said on Thursday, in its largest...

Published 08 Feb, 2024 07:30pm

Telecom sector: FBR launches single sales tax return

ISLAMABAD: The Federal Board of Revenue (FBR) has launched single sales tax return (tax period of January 2024) for...

Updated 02 Feb, 2024 09:21am

Business & Finance

Telecom sector investment declines to $762m in 2022-23

ISLAMABAD: Telecom sector investment declined to $762 million in 2022-23 compared to $1.666 billion in 2021-22,...

Published 30 Jan, 2024 04:52am

BR Research

Telco FDI in 1HFY24

The FDI in the telecom sector has been falling continuously after the spike in FY20 when 3G/4G came to the country....

Published 25 Jan, 2024 08:52am

Technology

PTA drafts framework for Mobile Virtual Network Operator services

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has drafted a framework for Mobile Virtual Network Operator...

Published 25 Jan, 2024 04:23am

Pakistan

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

$400m ‘Pakistan Raises Revenue’ project: World Bank rates implementation progress moderately satisfactory

ISLAMABAD: The World Bank has rated the overall implementation progress of Pakistan Raises Revenue project of worth...

Updated 26 Dec, 2023 09:11am

Business & Finance

Telecom sector: Body formed ahead of launch of single portal for filing ST returns

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a single portal committee for operationalizing...

Published 22 Dec, 2023 05:22am

Technology

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

Forex
World
Commodity

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

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

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