Running out of options: The state of our telcos
Recent financial results indicate that the sector has reached a tipping point
Engro plans aggressive expansion for tower sharing business with Rs14bn investment
LAHORE: Pakistan’s leading conglomerate Engro Corporation has announced that it would make an equity investment of Rs14 billion in the telecom infrastructure...
Confusions galore as Rs 0.75 tax on calls sends telecom industry scrambling
When Finance Minister Shaukat Tarin announced that the government was imposing an additional tax of Rs0.75 on each call exceeding the 5...
Dutch telecom giant VEON acquires Dhabi Group’s stake in Jazz for $273m
LAHORE: VEON, a leading global provider of connectivity and internet services, in an official statement announced that it has successfully concluded the...
Etisalat mulling new CEO for PTCL; Ufone likely to merge with national telecom operator
LAHORE: Emirates Telecommunication Group Company (Etisalat) is mulling to replace the incumbent CEO of Pakistan Telecommunication Company Limited (PTCL), Rashid Khan, for...
Govt to improve mobile broadband services, expand network
ISLAMABAD: The government is taking steps to improve the broadband services and expand the network as it has started to work on...
PTA fines WorldCall Rs10m for substantial ownership change without prior approval
ISLAMABAD: Pakistan Telecommunication Authority (PTA) has imposed a fine of Rs10 million on WorldCall Telecom Limited (WTL) for carrying out a substantial...
PTCL’s net profit falls to Rs2.7bn in six months
Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom services provider, on Friday, released its financial results for the six months ended...
Pakistan becomes first South Asian country to achieve G4 rank
Pakistan has become the first South Asian country to be ranked as 4th Generation Regulator (G4) by the International Telecommunication Union (ITU).
According...
Without fanfare, 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...
Local assembling of mobile phones inflicts Rs7.6bn loss in 13 months
ISLAMABAD: The assembling of mobile phone sets in the country has caused approximately Rs7.6 billion loss to the national exchequer in the...
Xiaomi rolls out Android 10 update for Pakistani users
ISLAMABAD: Chinese electronics company Xiaomi started rolling out the Android 10 update for its Redmi Note 8 Pro smartphone in Pakistan.
Two days...
Huawei plans first European 5G factory in France to ease Western concerns
PARIS: Huawei will build its first European manufacturing plant in France, the chairman said on Thursday, as the Chinese telecom giant seeks...
Jazz’s revenue grows by 14pc in FY19
ISLAMABAD: The revenues of Veon, the parent company of Jazz, have been grown by 14.1 per cent after adjustments of negative tax...
Huawei rolls out 5G phone and flags first Hongmeng device
HONG KONG: Huawei Technologies on Friday released its first 5G phone in China and said it would soon launch smart TVs equipped with...