Axiata to divest 89% stake in Multinet Pakistan for $1
The financial performance of Multinet has been deteriorating over the last few years with the internet service provider (ISP) amassing losses of Rs754 million for the financial year ended December 31st, 2017
ZTE stops rendering services to Pakistani telecom companies: Report
ZTE's future projects in Pakistan remain mired in uncertainty, its shares trading remains suspended on Hong Kong Stock Exchange and it delayed the announcement of its Q1 2018 earnings to a later date
Pak-China fibre optic cable set for opening today
The projects total cost is projected at $44 million and 85 percent of the loan has been provided by Exim Bank of China at a discounted rate
Oppo kicks off first sale for F9 across Pakistan
OPPO, the Selfie Expert, kicked off its first sale for the recently launched breakthrough offering – OPPO F9 nationwide. The new F9...
Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan
At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.
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...
Is PTCL throttling one of its competitors through anticompetitive practices?
This isn’t the first time the state-owned company has done this. And this isn’t the first time they would get away with it
PTCL Calls The Doc
When he took to the podium at the Management Association of Pakistan’s 18th Convention held in Karachi’s Mövenpick Hotel recently, Dr. Daniel...
Mobile phone card tax suspension could cause Rs123 billion loss to national exchequer
Before the apex court decision, provinces were collecting around 19.5 percent tax on a prepaid phone card, so their revenue collection losses would touch Rs75 billion annually
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...
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...
All you need to know about the new Samsung Galaxy Note 9
---Samsung last week announced the launch of its new flagship phone – the Galaxy Note 9.
Easypaisa facilitates customers with bio-metrically verified swift, secure transactions
KARACHI: Pakistan’s first and foremost branchless banking platform Telenor Microfinance Bank’s Easypaisa is helping its customers make safe and secure financial transactions...
Huawei rolls out 5G phone and flags first Hongmeng device
HONG KONG:Â Huawei Technologies on Friday released its first 5G phone in China and said it would soon launch smart TVs equipped with...
Pakistan has fastest mobile internet speeds in South Asia: Ookla
LAHORE: Ookla, a global speed internet test index which owns Speedtest.com has rated Pakistan among the fastest in terms of average mobile...