U.S. asks allies to shun Huawei equipment, WSJ reports; sector stocks fall
The move would further pile pressure on the world’s biggest telecom gear maker, which is under scrutiny from Western intelligence agencies for its perceived ties to China’s government and the possibility its equipment could be used for espionage
FBR seeks cabinet approval to tax illegal mobile phones
As per the envisaged plan, the FBR has determined a plan to levy a tax on all those smuggled phones which are presently inactive and are stocked in shops as unsold
Mobile phone imports grow 11.84% in October to $61.189 million
Last month’s figure was down by 1.79 percent when compared to $62.306 million in September 2018, data released by the Pakistan Bureau of Statistics (PBS) revealed
Telecom sector adds 1.5m subscribers in Q1FY2018-19
ISLAMABAD: The subscriber base of cellular mobile operators has recorded a reasonable growth by attracting around 1.5 million new customers to their...
Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
Decrease in off-net call rates for CMOs still remains unimplemented
Initially, PTA had come forth to offer an MTR rate of Rs0.80 per minute starting December 1st, 2017 to November 30th, 2018 and Rs0.70 per minute from December 2018
Govt mulling to impose regulatory duty on unregistered mobile phones
It has been projected the imports of illegal phones in the country cause roughly $1.5 billion in revenue losses to the public exchequer on a yearly basis
Pakistan’s broadband user base surpasses 62 million
The PTA informed that total 3G user count of Jazz stood at 14.85 million by September 2018, whereas the telecom’s 4G user numbers jumped to 5.6 million in September from 5.077 million in the prior month
PTA extends DIRBS deadline until further notice
The original deadline to register mobile phones with PTA's DIRBs was the 20th of October
Veon withdraws offer for subsidiary’s stakes in Pakistan and Bangladesh
In July, Global Telecom Holding (GTH) had said it received an offer from VEON Ltd to purchase its assets in Jazz and associated operations in Pakistan for $2.55 billion
CMOs turn a deaf ear to mobile phone users’ complaints
-- ‘Instead of resolving the problems, CMOs are shifting blame on each another’
ISLAMABAD:Â Mobile phone users continue to face problems with regard to...
Mobile banking transactions grow by 195pc
ISLAMABAD:Â With a significant growth of some 195 per cent, mobile phone banking transactions in Pakistan had crossed the Rs410 billion mark in...
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.
Company fined Rs2 million for smuggling cell phones
ISLAMABAD: The Collector, Customs Intelligence has imposed a penalty of Rs2 million to the foreign cellular phone company in the case smuggling...
Telecom sector witnesses dramatic increase in revenues
ISLAMABAD: The telecom industry has seen a dramatic increase during the last four years as its revenue reached $15.35 billion from July...