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Telecommunication

Huawei 5G troubles to test Nordic competitors' bandwidth

Tougher UK and EU rules restricting 5G network supplier Huawei should be a golden opportunity for competitors Nokia and Ericsson, but the companies may struggle to meet the increased demand, analysts warned. On Tuesday, Britain imposed a 35 percent cap on

Published 03 Feb, 2020 12:00am

Telecommunication

5G: Five things to know

It is heralded as the breakthrough to a brave new world of technology, but in the here and now, super-fast 5G networking has been pitting the United States against China. On Tuesday, the European Union and Britain indicated a conditional green light for C

Published 03 Feb, 2020 12:00am

Telecommunication

Telecom imports bill up by 29 percent

Pakistan's overall telecom imports bill surged by 29 percent to $844.657 million in July-Dec 2019-20, official figures say. Increase in the telecom imports reached to the tune of $188.73 million in July-Dec 2019-20 from $655.927 million in July-Dec 2018-1

Published 02 Feb, 2020 12:00am

Telecommunication

TECNO to launch its first Pop up Camera soon

This pop up camera smartphone is expected to have a Quad camera set up on the back. TECNO pop up camera phone

Published 01 Feb, 2020 10:17am

Telecommunication

SC directs MoITT to decide additional frequency spectrum to Zong Mobile within a month

The Supreme Court directed Ministry of Information Technology and Telecommunication (MoITT) to decide additional frequency spectrum to CM-Pak Limited (Zong Mobile) preferably within one month. A two-judge bench, comprising Justice Maqbool Baqir and Justic

Published 01 Feb, 2020 12:00am

Telecommunication

Huawei Y6s up for pre-orders

Huawei's latest smartphone for the entry-level segment Huawei Y6s is up for pre-orders from January 31 to February 6. "This time the company is introducing an exciting 'Double Deposit Offer' where consumers can pre-order the device for Rs 800 which equals

Published 31 Jan, 2020 12:00am

Telecommunication

Samsung Electronics says fourth quarter net profit slumps 38 percent

The world's biggest smartphone maker, Samsung Electronics, reported a slump in fourth-quarter net profits on Thursday, blaming weakening demand in key products and falling chip prices.

Published 31 Jan, 2020 12:00am

Telecommunication

Apple, Broadcom ordered to pay $1.1bn for patent infringement

A Los Angeles jury on Wednesday ordered Apple and Broadcom to pay $1.1 billion to a California university for infringing wifi technology patents in what is thought to be one of the largest patent verdicts ever.

Published 31 Jan, 2020 12:00am

Telecommunication

BT reports £500m hit as UK limits Huawei 5G role

British telecoms group BT on Thursday said it would take a £500 million hit after the UK government limited Huawei's role in developing the country's 5G network on security grounds.

Published 31 Jan, 2020 12:00am

Telecommunication

Vodafone sells Egypt stake to Saudi group for $2.4 billion

British telecoms group Vodafone said Wednesday it had agreed to sell its majority stake in its Egyptian unit to Saudi Telecom Company for $2.4 billion (2.2 billion euros).

Published 30 Jan, 2020 12:00am

Telecommunication

Apple delivers best-ever quarter, powered by iPhones, services

Apple on Tuesday posted record results for the final three months of last year delivered by gains in iPhone sales even as the company transitions to digital services and wearables.

Published 30 Jan, 2020 12:00am

Telecommunication

Johnson says can square Huawei 5G role with security concerns

British Prime Minister Boris Johnson on Monday insisted the UK can have technological progress while preserving national security, as he prepared to approve a role for Chinese telecoms giant Huawei in developing its 5G telecoms network despite strong US o

Published 28 Jan, 2020 12:00am

Telecommunication

Ericsson hit by higher 5G costs and weaker US market

Sweden's Ericsson reported a smaller-than-expected rise in fourth-quarter core earnings on Friday and said higher costs would spill over into 2020 as the telecoms equipment maker looks to exploit its leading position in super-fast 5G networks. After a num

Published 27 Jan, 2020 12:00am

Telecommunication

UK likely to decide on Huawei 5G this week

Britain is expected to announce this week whether to allow China's Huawei to develop its 5G network, an official said Friday, amid indications it will agree to grant at least limited access despite intense US opposition. A senior UK official, speaking on

Published 27 Jan, 2020 12:00am

Telecommunication

Trump, Johnson talk security ahead of Huawei decision

Prime Minister Boris Johnson discussed telecoms security with US President Donald Trump as he prepares to announce if Britain will use China's Huawei in its 5G networks, officials said Saturday. In a phone call on Friday evening, the leaders "discussed a

Published 26 Jan, 2020 12:00am

Telecommunication

UK 'to decide on Huawei 5G next week'

Britain is expected to announce next week whether to allow China's Huawei to develop its 5G network, an official said Friday, amid indications it will agree to grant at least limited access despite intense US opposition.

Published 25 Jan, 2020 12:00am

Telecommunication

MoITT plans to revive TIP through joint venture

The Ministry of Information Technology and Telecommunication (MoITT) has short-listed two companies to finalize one of them as Financial Advisor (FA) to provide Transaction Advisory Services (TAS) to solicit partnership through a suitable mode to utilize

Published 24 Jan, 2020 12:00am

Telecommunication

PM Khan, Telenor talk on enhancing Pakistan’s technology sector.

PM Khan appreciated Telenor's confidence in Pakistan due to its presence in the country since 2005 with an investme

Published 23 Jan, 2020 05:30am

Telecommunication

NGBSD Programme: USF Co's BoD okays award of contracts to Telenor & Jazz

The Board of Directors (BoD) of Universal Service Fund Company (USF Co) has approved award of two contracts with a subsidy of Rs 680 million to Telenor Pakistan and Jazz under Next Generation Broadband for Sustainable Development (NGBSD) Programme.

Published 23 Jan, 2020 12:00am

Telecommunication

Canada lawyers argue for Huawei executive's extradition to US

Canadian government lawyers on Wednesday laid out a case for extraditing a senior Huawei executive to the United States, saying it is based on "a fraud on a bank."

Published 23 Jan, 2020 12:00am

Telecommunication

Huawei chief says US may 'escalate' but confident on business

The chief executive of Chinese telecoms giant Huawei on Tuesday said he was ready for the United States to escalate a "campaign" against the firm this year but insisted it would not have a significant effect on business.

Published 22 Jan, 2020 12:00am

Telecommunication

EU industry chief dismisses fears strict security rules could delay 5G

European industrial policy chief Thierry Breton dismissed claims that relying on European companies to build a 5G network would delay its rollout, weighing in on an increasingly tense debate in Germany over the risk posed by China's Huawei. In a speech at

Published 20 Jan, 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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