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Telecommunication

Illegal sale of SIMs: PTA slaps Rs 100 million fine on leading cellular firm

The Pakistan Telecommunication Authority (PTA) has imposed a huge fine of Rs100 million on a leading cellular company for contraventions and non-compliance of regulatory laws including sale of grey SIMs, unauthorized sale of SIMs through kiosks activities

Published 31 May, 2020 12:04am

Telecommunication

Ethiopia unlocks one of the world's last closed telecoms markets

For delivery man Sisay Alebachew, the difference between a good and bad day depends on Ethio Telecom, Ethiopia's monopoly telecoms provider.

Published 29 May, 2020 12:05am

Telecommunication

Zong releases campaign titled #humhainone

Zong 4G marks this Eid as a tribute to the resilience of the Pakistani nation as it releases its much-awaited campaign titled #humhainone. As the world continues battling with the pandemic, Zong 4G has come forward with a message of hope, optimism and uni

Published 27 May, 2020 12:06am

Telecommunication

UK set to scale back Huawei role in 5G network

Britain will reduce Chinese tech giant Huawei's controversial involvement in its 5G network in the wake of the coronavirus outbreak, the Daily Telegraph reported Saturday.

Published 24 May, 2020 12:01am

Telecommunication

Huawei to fund new tech hub at Imperial College London

Chinese telecoms giant Huawei is to fund a new £5 million ($6.1 million, 5.6-million-euro) technology hub at Imperial College London, British media reported. The institution did not confirm or deny the reports when contacted by AFP, and said an announceme

Published 19 May, 2020 12:02am

Telecommunication

Huawei says 'survival' at stake after US chip restrictions

Huawei on Monday assailed the latest US move to cut it off from semiconductor suppliers as a "pernicious" attack that will put the Chinese technology giant in "survival" mode and sow chaos in the global technology sector.

Published 19 May, 2020 12:02am

Telecommunication

China warns of 'necessary measures' to defend Huawei

China on Sunday warned it would take "necessary measures" to protect Huawei and other firms after the United States announced new restrictions on the tech giant's purchases of semiconductor technology.

Published 18 May, 2020 12:06am

Telecommunication

PTA extends deadline on blocking mobile device IMEIs till June 3

The Pakistan Telecommunication Authority (PTA) has further extended the deadline for blocking of mobile device IMEIs till 3rd June, 2020, for all GSMA valid IMEIs seen on mobile networks but currently not registered with the PTA.

Published 16 May, 2020 12:07am

Telecommunication

TECNO holds CSR donation ceremony

TECNO, a premier smartphone brand conducted a CSR donation ceremony on 11th of May, 2020 in which Governor of the Punjab Chaudhry Sarwar along with other provincial government officials were present. The ceremony took place at Hafeez Centre in Lahore.

Published 13 May, 2020 12:07am

Telecommunication

ECC takes up cell phone manufacturing policy today

The country's first mobile device manufacturing policy is all set to be considered by the Economic Coordination Committee (ECC) of the Cabinet Wednesday (May 13).

Published 13 May, 2020 12:07am

Telecommunication

O2, Virgin Media to merge into £38bn UK telco giant

Telefonica and Liberty Global on Thursday said they would merge their UK units O2 and Virgin Media to create a £38-billion telecoms giant that could shake up the British market.

Published 08 May, 2020 12:05am

Telecommunication

Telenor gets contract to provide hi-speed internet in Sanghar

The Universal Service Fund (USF) has awarded contract worth Rs 588 million to Telenor Pakistan for providing hi-speed broadband in Sanghar Lot, Sindh.

Published 08 May, 2020 12:05am

Telecommunication

Ufone provides best hybrid offer at competitive price

To ensure seamless connectivity round the clock, Pakistani telecom operator, Ufone has provided one of the best hybrid offers in a competitive price here on Thursday. Prepaid customers can stay connected through calls and Facebook all day by getting 500 m

Published 08 May, 2020 12:05am

Telecommunication

Cellular phone operators' issues to be resolved: minister

Federal Minister for IT and Telecommunication Syed Aminul Haque has said that the issues of cellular mobile operators will be resolved, said a press release issued on Wednesday. The Federal Minister for IT was talking to CEO Jazz Aamir Ibrahim who called

Published 07 May, 2020 12:02am

Telecommunication

Samsung heir apologises over corruption scandal

The heir to the Samsung empire bowed in apology Wednesday for company misconduct including a controversial plan for him to ascend to the leadership of the world's largest smartphone maker.

Published 07 May, 2020 12:02am

Telecommunication

Realme to launch mid-range 6 series smartphone

Realme Pakistan recently took the wraps off its premium mid-range 6 series by unveiling its first member realme 6i now its high time for realme fan to get ready for realme 6 and realme 6 Pro launch event next week which is among the most eagerly anticipat

Published 07 May, 2020 12:02am

Telecommunication

Itel Mobile launches vision series

The fastest growing international mobile brand in Pakistan, Itel launched an affordable marvel for its consumers. Itel Mobile is a global brand with its heartfelt mission being to provide budget friendly mobile phones and technology to everyone.

Published 03 May, 2020 12:05am

Telecommunication

Smartphone manufacturing: MIT&T to submit summary to ECC soon

The Ministry of Information Technology and Telecommunication will submit a summary to the Cabinet's Economic Coordination Committee (ECC) soon, proposing major incentives for smartphones manufacturing in Pakistan.

Published 01 May, 2020 12:54am

Telecommunication

Nokia clinches $1 billion deal with India's Airtel

Finnish network equipment maker Nokia has secured a multi-year contract to boost the capacity of one of India's largest mobile operators, the firm announced on Tuesday.

Published 28 Apr, 2020 11:42pm

Telecommunication

WhatsApp now allows you to video call with eight persons simultaneously

This feature has been introduced by WhatsApp for iOS users and users will be able to take advantage of this feature

Published 28 Apr, 2020 07:33am

Telecommunication

High-level body may recommend industry status for telecom sector

The high-level committee on cellular companies' issues is likely to recommend industry status for telecom sector and reduction in taxes to the prime minister, it has been learnt.

Published 25 Apr, 2020 09:49pm

Telecommunication

AT&T's Stephenson to step down

AT&T said Friday that Randall Stephenson was stepping down as chief executive after 13 years leading the telecom giant and engineering the contested takeover of entertainment powerhouse Time Warner.

Updated 26 Apr, 2020 04:57am

Telecommunication

Pakistan only country in South Asia ranked 4th Generation regulator

Pakistan scored 88 points and was among the top 5 regulators in the entire Asia-Pacific region with a global rank o

Published 24 Apr, 2020 06:59am

Telecommunication

Pakistan ranked 4th G4 by ITU

Pakistan has been ranked as 4th Generation Regulator (G4) by the International Telecommunication Union (ITU) and has become the only country in South Asia to have achieved this goalpost. Out of 38 economies in Asia-Pacific, only eight percent states have

Published 24 Apr, 2020 02:52am

Telecommunication

Domestic mobile phone industry awaits announcement of MDMP

The domestic mobile phone industry is eagerly awaiting the Mobile Device Manufacturing Policy (MDMP) which has been under preparation for over one year.

Published 23 Apr, 2020 02:53am

Telecommunication

Apple Music expands to 52 new countries in global services push

Apple Music is being expanded to 52 additional countries and territories in a push to broaden service revenue streams for the iPhone maker, the company said Tuesday.

Published 22 Apr, 2020 02:52am

Telecommunication

Huawei revenue growth slows sharply in Q1

Chinese telecom giant Huawei said Tuesday its revenue grew at a sharply slower rate of just 1.4 percent in the first quarter, when the coronavirus and efforts to contain it shut down China's economy.

Published 22 Apr, 2020 02:52am

Telecommunication

Samsung's blood pressure monitoring app earns medical device approval in South Korea

The software leverages a smartwatch's sensors and can regularly check a person's blood pressure. It will run o

Published 21 Apr, 2020 11:59am

Telecommunication

USF awards contract worth Rs 92 million to Jazz

The Universal Service Fund (USF) has awarded contract worth Rs 92 million to Jazz for providing hi-speed broadband in Kurram Lot (Khyber-Pakhtunkhwa).

Published 21 Apr, 2020 03:03am

Telecommunication

Jazz contributes Rs 50 million to PM's Covid-19 Relief Fund

Pakistan's leading digital company Jazz has contributed Rs 50 million to the Prime Minister's COVID-19 Pandemic Relief Fund, in line with its commitment to support the government in the fight against COVID-19.

Published 20 Apr, 2020 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 5	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 5 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 5 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 5 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 5 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 5 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 5 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 5 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 5 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 5 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 5 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 5 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 5 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 5 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 5 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 5 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 5 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 5 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 5 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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