BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)
Business & Finance

Air Link joins hand with Digicom

Published Updated

Pakistan's Air Link Communication Limited announced on Wednesday that it has joined hands with Digicom Trading (Pvt) Ltd for production of mobile devices in Pakistan.

Air Link, in its filing to the Pakistan Stock Exchange (PSX), shared that it has partnered with Digicom for production and distribution of mobile devices and their accessories in Pakistan under the brand names QMobile, QSmart, MAXX and QTab.

The development comes a day after Air Link announced that it has entered into a distribution agreement with realme, a Chinese smartphone manufacturer. The agreement encompassed a complete range of realme mobile devices and accessories, IoT products, TVs in Pakistan with Exert Tech (Private Limited).

Air Link announces distribution agreement with realme

Earlier, Pakistan Telecommunication Authority (PTA) granted a manufacturing licence to Select Technologies Private Ltd, a wholly-owned subsidiary of Air Link Communication that manufactures mobile devices of ‘selected brands’, for the manufacturing of Xiaomi mobile phones in Pakistan.

Air Link Communication Limited already has the licence to manufacture mobile phones of Transsion Holding’s major brands i.e. Tecno & iTel.

The company had earlier this year gone public and managed to raise Rs 6.43 billion after its Initial Public Offering (IPO) was oversubscribed by 1.6 times.

Air Link IPO oversubscribed by 1.6 times

Meanwhile, Pakistan's mobile manufacturing sector has witnessed significant growth in recent months.

The production of mobile phones by local manufacturing plants more than doubled against the import of commercial mobile phones in the country during Jan-November 2021 as the local production was recorded at 22.12 million compared to the imported mobile phones of 9.95 million.

Comments

Comments are closed for this article.