Trends - USF - Business Recorder

USF

Unserved, underserved areas: USF provides broadband services

ISLAMABAD: The Universal Service Fund (USF) is revolutionizing Pakistan's digital landscape by providing broadband...

Published 26 Sep, 2024 06:48am

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

Business & Finance

USF approves Rs23bn budget for 2024-25

ISLAMABAD: The Universal Service Fund (USF) Policy Committee approved USF Company budget of Rs 23 billion for the...

Published 04 Sep, 2024 06:38am

Pakistan

Voice, SMS: Roaming Services along Markran Coastal Highway launched

ISLAMABAD: The government on Tuesday launched National Roaming Services (voice, SMS) along Markran Coastal Highway...

Published 14 Aug, 2024 06:40am

Pakistan

Senate panel concerned about ‘poor’ quality of cellular mobile services

ISLAMABAD: The Senate Standing Committee on Information Technology and Telecommunications expressed serious...

Published 01 Aug, 2024 06:57am

Pakistan

Disruptions in internet: NA panel summons PTA chairman

ISLAMABAD: The National Assembly’s Standing Committee on IT and Telecom while taking notice of recent disruptions...

Published 24 Jul, 2024 07:00am

Business & Finance

Govt to return longstanding funds of over Rs60bn to USF

ISLAMABAD: The government will return the longstanding funds of over Rs60 billion to the Universal Service Fund ...

Published 20 Jul, 2024 05:34am

Business & Finance

Projects in underserved and unserved areas: USF body approves release of Rs4.7bn Q4 budget

ISLAMABAD: The Universal Service Fund (USF) Policy Committee approved the release of the 4th quarter budget ...

Published 25 May, 2024 05:32am

Pakistan

Commission to be formed for national digitisation

ISLAMABAD: The government has decided to constitute a Commission to be chaired by Prime Minister Shehbaz Sharif for...

Published 18 May, 2024 05:45am

Business & Finance

USF, Ignite: minister approves Rs21.242bn annual budget

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque chaired the Universal Service Fund (USF)...

Published 07 Jul, 2023 05:24am

Pakistan

USF CEO to step down on Aug 15

ISLAMABAD: Chief Executive Officer (CEO) of Universal Service Fund (USF), Haaris Muhammad Chaudhry, has decided to...

Published 06 Jul, 2023 05:42am

Cabinet approves new directors on USF board

ISLAMABAD: The federal cabinet has approved new directors on Universal Service Fund (USF) Company Board including...

Updated 28 May, 2023 10:04am

Technology

USF policy body approves Rs4.3bn for Q4

ISLAMABAD: The Universal Service Fund (USF) Policy Committee, on Tuesday, approved the release of Rs4.370 billion to...

Published 24 May, 2023 05:57am

Technology

USF/ R&D contributions: CMOs demand two-year moratorium

ISLAMABAD: The Cellular Mobile Operators (CMOs) have demanded moratorium on Universal Service Fund (USF)/ R&D...

Published 30 Mar, 2023 06:35am

Business & Finance

PTA links floor price mechanism for CMOs to CCP’s NoC

ISLAMABAD: The Pakistan Telecommuni-cation Authority (PTA) has linked floor price uplift mechanism for cellular...

Published 24 Mar, 2023 05:55am

Technology

Moratorium on QoS: PTA rejects CMOs’ demand

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has rejected the cellular mobile operators’ demand of a...

Updated 09 Mar, 2023 08:51am

Technology

CMOs seek moratorium on QoS, USF

ISLAMABAD: The Cellular Mobile Operators (CMOs) have demanded moratorium on quality-of-service, roll out ...

Updated 02 Mar, 2023 07:40am

Business & Finance

PTA asked to ensure proper network coverage, data services

ISLAMABAD: The National Assembly’s Standing Committee on Information Technology and Telecommunications expressed...

Published 28 Feb, 2023 06:15am

Business & Finance

Spectrum availability not being fully utilised by CMOs

ISLAMABAD: The government has sufficient spectrum to offer for any future spectrum auction for NGMS in Pakistan;...

Updated 13 Feb, 2023 09:20am

Business & Finance

Upgrading of mobile networks: Curbs on LCs causing hurdles in import of equipment: minister

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque has said that the limited facility of...

Published 18 Jan, 2023 06:22am

LCs issue: CMOs likely to get force majeure for new projects

ISLAMABAD: The government is likely to grant force majeure to cellular mobile operators (CMOs) for 10 new...

Updated 17 Jan, 2023 08:55am

Expansion of telecom services: USF spends Rs 124 billion on implementation of 130 projects

ISLAMABAD: The Universal Service Fund (USF) has spent around Rs124 billion so far to implement 130 projects across...

Updated 08 Jan, 2023 10:18am

Business & Finance

Power sector circular debt: MoITT demands Finance Division return Rs61.2bn borrowed from USF in 2013

ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has demanded the Finance Division to...

Published 31 Dec, 2022 07:36am

Pakistan

USF okays Rs21bn contracts for underserved areas

ISLAMABAD: The Universal Service Fund (USF) Board approved award of 10 contracts worth approximately Rs21 billion ...

Published 25 Sep, 2022 06:01am

USF and Ignite: Telecom operators seek suspension of their contribution for two years

Proposal aimed at partially mitigating digital emergency triggered by exponential increase in cost of doing business

Updated 12 Aug, 2022 09:41am

Pakistan

USF approves award worth eight contracts of Rs10bn

ISLAMABAD: The Universal Service Fund (USF) Board approved the award of eight contracts worth over Rs 10 billion to...

Published 11 Jun, 2022 06:08am

Technology

With favourable policies, Pakistan's IT exports can rise to $15 billion in 3 years: minister

Pakistan’s Minister for IT and Telecommunication Syed Amin-ul-Haque said the country's IT-sector exports can...

Published 02 Jun, 2022 11:37pm

Telecom industry attracts $6.1bn FDI in less than 4 years

ISLAMABAD: The telecommunication industry attracted foreign direct investment of $6.1 billion during July 1, 2018, ...

Updated 18 May, 2022 10:20am

Pakistan

Govt planning to revise legal, institutional framework of USF

ISLAMABAD: The government is planning to revise the legal and institutional framework of Universal Service Fund...

Published 14 Dec, 2021 06:40am

Pakistan

IT ministry launches Rs11.5bn projects to facilitate 4.4m people

ISLAMABAD: The Universal Service Fund (USF) Board approved 10 projects worth approximately Rs 11.5 billion to ...

Published 13 Dec, 2021 06:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.98 ▲ 0.87 (12.24%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)
B.R.R. Guardian / Dec 18 B.R.R. Guardian Limited(BRRG)	21.24 ▲ 1.93 (9.99%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.12
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.59
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.41
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.08
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.30
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 3.27
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.25
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.68
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.18

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