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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

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

Telecommunication

Reliance claims record quarterly profits

Indian oil-to-telecoms giant Reliance Industries reported record quarterly net profits on Friday, boosted by strong growth in its retail businesses despite falling refining margins.

Published 18 Jan, 2020 12:00am

Telecommunication

Pre-paid recharge: PTA warns CMOs against overcharging

The government Friday warned the cellular mobile operators (CMOs) of stern action if consumers are charged more than the notified tariffs and applicable taxes. CMOs are deducting only withholding tax and general sales tax/federal excise duty on the pre-pa

Published 18 Jan, 2020 12:00am

Telecommunication

HMD Global announces two new Nokia phones

The HMD Global, the home of Nokia phones, on Thursday announced two new quality Nokia Phones in Lahore; the Nokia 2.3, delivering a feature-packed camera fuelled by AI, helping you get the best shot, and the Nokia C1, a smartphone designed to entertain.

Published 17 Jan, 2020 12:00am

Telecommunication

Mobile set manufacturing policy being finalised: chief of EDB's board

Chairman EDB's Board, Almas Hyder on Wednesday said that final touches are being given to Pakistan's mobile set manufacturing policy which will be ready within the month.

Published 16 Jan, 2020 12:00am

Telecommunication

CPEC initiative: Zong introduces unlimited calls to China

The launch of this bundle is in-line with our strategy of connecting both private and corporate customers, says Zon

Published 15 Jan, 2020 11:42am

Telecommunication

Vivo launches S1 Pro smartphone

Vivo, the global innovative smartphone brand has unveiled its new S1 Pro in Pakistan at special media launch event, held in Lahore.

Published 14 Jan, 2020 12:00am

Telecommunication

MI5 dismisses UK-US relationship fears over Huawei

The head of Britain's MI5 security service has dismissed suggestions UK-US intelligence sharing could be damaged if Chinese telecoms giant Huawei develops Britain's 5G network, the Financial Times reported Monday.

Published 14 Jan, 2020 12:00am

Telecommunication

Makers of 4G & 5G mobile sets: Incentives to be announced soon: Dawood

Prime Minister Advisor on Commerce, Industries and Production and Investment, Abdul Razak Dawood on Monday said that the government will soon announce incentives for the local manufacturers of 4G and 5G mobile sets.

Published 14 Jan, 2020 12:00am

Telecommunication

20 Technology Trends 2020 revealed at Telenor Pakistan Headquarters 345

The twenty technology trends will take a prominent lead in developing the global digital ecosystem supported by cellular service providers, device makers and internet companies, said Bjorn Taale Sandberg, Head of Telenor Research.

Published 14 Jan, 2020 12:00am

Telecommunication

Samsung unveils AI-powered digital avatar

A Samsung lab on Tuesday unveiled a digital avatar it described as an AI-powered "artificial human," claiming it is able to "converse and sympathize" like real people. The announcement at the opening of the 2020 Consumer Electronics Show in Las Vegas tout

Updated 13 Jan, 2020 07:10am

Telecommunication

Pakistan developing its own international payment gateway

System would be joined with other online payment companies such as PayPal, which will help real-time payments trans

Published 11 Jan, 2020 06:23am

Telecommunication

MTN says Nigeria withdraws $2 billion tax demand

Mobile giant MTN said Friday that Nigeria's attorney general had withdrawn a demand for around $2 billion in back taxes in the latest step towards resolving its legal woes with the authorities.

Published 11 Jan, 2020 12:00am

Telecommunication

Samsung Electronics flags one-third drop

Samsung Electronics' operating profits fell by more than a third in the fourth quarter, the world's biggest manufacturer of smartphones and memory chips estimated Wednesday.

Published 09 Jan, 2020 12:00am

Telecommunication

'Advisory Committee for 5G Planning' formed to define roadmap

The Ministry of Information Technology and Telecommunication (MoITT) has constituted Advisory Committee for 5G Planning in Pakistan (5G Pakistan Plan Committee) to define a roadmap and finalize recommendations for 5G technology readiness in the country.

Published 09 Jan, 2020 12:00am

Telecommunication

PTA allows test and trial of 5G technology

Pakistan Telecommunication Authority (PTA) has granted six months permission to mobile operators for conducting test and trial of 5G technology under limited environment and non-commercial basis.

Published 08 Jan, 2020 12:00am

Telecommunication

Superfast 5G on the slow road at gadget gala

It will be revolutionary when superfast 5G mobile networks come to our gadgets, cars and digital lives. But the road to 5G remains agonizingly slow at the massive Consumer Electronics Show opening this week in Las Vegas, where ultrafast products are expec

Published 07 Jan, 2020 12:00am

Telecommunication

Realme celebrates its first anniversary

Realme Pakistan, a leading smartphone brand, celebrates its first anniversary; the brand arrived in Pakistan last year on January 2, 2019, with Realme 2 Pro and Realme C1 launch.

Published 07 Jan, 2020 12:00am

Telecommunication

Jazz successfully conducts 5G trials

Jazz has successfully tested out the fifth generation of mobile technology. In its effort to lead the digitalization journey in Pakistan, the 5G trials of Jazz aimed to test the improvement in performance of the network as a result of this technology. Whe

Published 07 Jan, 2020 12:00am

Telecommunication

Poland's Cyfrowy Polsat begins 5G roll-out

Poland's Cyfrowy Polsat said on Friday its Polkomtel unit had begun the roll-out of commercial 5G technology and aimed to start serving seven cities in the first quarter. The network, on the 2600 MHz TDD frequency, will be rolled out using technology from

Published 06 Jan, 2020 12:00am

Telecommunication

Popular Mideast app accused of spying back on Google Play

The popular UAE-developed mobile application ToTok has returned to the Google Play Store after it was removed on claims it was being used for government spying, the company said Saturday.

Published 05 Jan, 2020 12:00am

Telecommunication

Xiaomi to invest $7 billion in 5G, AI and IoT over next five years

Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth generation internet technologies over the next five years, as competition in the sector grows.

Updated 03 Jan, 2020 05:02pm

Telecommunication

Telenor Pakistan launches Bizmine

Telenor Pakistan on Thursday launched Bizmine, an analytical framework that enables business leaders to de-clutter crucial information and get essential data insights to take smart decisions. The launch event was held at Telenor Pakistan's Campus, 345, wh

Updated 03 Jan, 2020 05:02pm

Telecommunication

Huawei says 'survival' top priority as sales fall short

Chinese telecommunications giant Huawei said Tuesday that "survival" was its top priority after announcing 2019 sales were expected to fall short of projections as a result of US sanctions.

Published 01 Jan, 2020 12:00am

Telecommunication

India to let Huawei take part in 5G trials

New Delhi has said it will let Chinese telecoms giant Huawei take part in trials for the rollout of 5G services in the huge Indian market, giving the firm a major boost as it battles US sanctions.

Published 01 Jan, 2020 12:00am

Telecommunication

PTA plans to procure automated QoS monitoring tool

Pakistan Telecommunication Authority (PTA) has planned to procure automated quality of service (QoS) monitoring and benchmarking tool which would also have support measuring audio and video services, including live streaming as well as social media, inclu

Updated 01 Jan, 2020 11:04pm

Telecommunication

Number of 3G, 4G users reaches 74.33 million by end-November

The number of 3G and 4G users in Pakistan reached 74.33 million by end-November compared to 73.26 million by end-October, said Pakistan Telecommunication Authority (PTA). Number of mobile phone users in Pakistan reached 164.027 million by end-November com

Updated 01 Jan, 2020 10:57pm

Telecommunication

July-November 2019: Mobile handsets' import surges by 64 percent

Pakistan's import of mobile handsets surged by 64 percent to $498.466 million during July-Nov 2019, official figures say. Increase in cellular handsets now stands at $193.815 million during July-Nov 2019 comparing to the phones import of $304.651 million

Published 31 Dec, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.42
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 13	5221.42
Nasdaq / May 13	16388.24
Dow Jones / May 13	39431.51
India Sensex / May 14	72853.85
Tokyo Nikkei / May 14	38227.19
Hang Seng / May 14	19120.21
FTSE 100 / May 14	8427.64
Germany DAX 30 / May 14	18697.64

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	19935
Petrol/Litre / May 14	288.49
Crude Oil USD/Barrel / May 14	79.23
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2344.20
Diesel/Litre / May 14	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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