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Telecommunication

Acquisition of Telenor Pakistan: PTCL says IFC approves $400mn debt financing

The Board of Directors (BoD) of International Finance Corporation (IFC) – a member of the World Bank Group – has...

Updated 08 Apr, 2024 10:33pm

Business & Economy

Govt establishes specialised tribunal for Pakistan’s telecom sector

Believes establishment of the tribunal will help lower burden on high courts concerning adjudication of technical matters

Updated 04 Jan, 2024 09:44pm

Telecommunication

PTCL chief explains acquisition of Telenor Pakistan

Says market consolidation will create value as Pakistan's sector is just big enough for three major players

Updated 15 Dec, 2023 04:21pm

Telecommunication

PTCL to acquire 100% of Telenor Pakistan

Enters into share-purchase agreement with Telenor Pakistan shareholders for acquisition of 100% shares based on enterprise value of Rs108bn on cash-free, debt-free basis

Updated 14 Dec, 2023 06:42pm

Telecommunication

Social media sites, apps will never be shut down again: IT minister

Federal IT and Telecommunication Minister Aminul Haq said closing social media sites and applications is not a...

Updated 18 Feb, 2023 07:34pm

Telecommunication

Capital gain lifts Norwegian operator Telenor to record earnings

Increase was partly attributed to growth in mobile phone services in Pakistan, Norway and Thailand, which more than offset declining revenues related to the operation of its copper network, rising costs and a soaring electricity bill

Published 02 Feb, 2023 05:08pm

Telecommunication

Telecom Tower Infrastructure accepts acquisition offer from Pakistan's TPL RMC

Acquisition subject to signing of definitive agreements, all necessary corporate approvals, and receipt of relevant regulatory approvals

Updated 20 Dec, 2022 05:10pm

Telecommunication

Veon close to sale of Pakistan tower assets to TPL-TASC Group: report

Acquisition of towers could become Pakistan’s largest deal in more than a decade

Published 16 Dec, 2022 02:53pm

Telecommunication

Internet services now operating normally in Pakistan: PTA

The Pakistan Telecommunication Authority (PTA) on Wednesday said that a fault in a submarine cable, which caused...

Published 30 Nov, 2022 11:25am

Telecommunication

Suspension of DCB payments to Google Play: users, telecom companies at receiving end

Facing a growing liquidity shortage as foreign exchange reserves continue to fall, Pakistan’s central bank has...

Published 26 Nov, 2022 05:47pm

Telecommunication

TPL REIT and TASC Towers submit bid to acquire Telecom Tower Infrastructure Company

TPL REIT says proposed acquisition is being supported by one of the largest national financial institutions

Updated 15 Nov, 2022 07:03pm

Telecommunication

TPL REIT Management Company, TASC Towers partner in bid to acquire telecom tower infrastructure

Duo participates as consortium in auction process for acquisition through an infrastructure REIT

Published 21 Sep, 2022 11:41am

Telecommunication

Play Tests not T20s in business, IT sector stalwarts advise startups

KARACHI: IT sector stalwarts have advised startup founders to play the long game and avoid going for the quick buck,...

Published 24 Aug, 2022 09:17pm

Telecommunication

Number of 3G, 4G users up by 1.86m in one month: PTA

Stood at 115.75 million by end-June 2022

Updated 21 Jul, 2022 10:42am

Telecommunication

PTA to revise MTR downward next month

ISLAMABAD: Pakistan Telecommunication Authority (PTA) will revise Mobile Termination Rate (MTR) to Re 0.40 per ...

Updated 14 Jun, 2022 09:37am

Telecommunication

Cellphone manufacturers say layoffs in offing as industry running low on raw material

Association says letters of credit for mobile phone CKD kits not being opened for two weeks

Published 03 Jun, 2022 09:20pm

Telecommunication

TECNO holds valuable partner meeting 2022 in Lahore

LAHORE: Globally eminent smartphone brand, TECNO held a splendid Valuable Partners Meeting 2022 at Faletti's Hotel,...

Published 26 Mar, 2022 12:28pm

Telecommunication

The all-new TECNO Spark 8C launched in Pakistan

LAHORE: Leading Chinese smartphone brand, TECNO has officially unveiled the new Spark 8C phone in Pakistan. The...

Published 24 Mar, 2022 11:06am

IT and Computers

PM approves incentive package for IT sector, freelancers

Public-private partnership venture capital fund also given go-ahead

Published 22 Feb, 2022 08:41pm

Telecommunication

‘End-of-life’: Old BlackBerries no longer work

NEW YORK: Nostalgic for those mobile phones with a physical keyboard? Brace yourself, because as of Tuesday many...

Published 05 Jan, 2022 05:36am

Telecommunication

TECNO marks another success with the all-new Camon 18 Series

With the smartphone market growing, brands have been going head to head to make a name for themselves. The...

Published 21 Dec, 2021 04:36pm

Telecommunication

Mobile phone manufacturing: PTA grants licence to Air Link's Select Technologies

Wholly-owned subsidiary will manufacture Xiaomi's smartphones

Published 30 Nov, 2021 12:58pm

Telecommunication

Jul-Oct mobile phone imports grow 15.54pc to $644.673m YoY

ISLAMABAD: The production of mobile phones by local manufacturing plants has almost doubled against the import of...

Published 30 Nov, 2021 05:23am

Telecommunication

Provision of 5G can greatly benefit Pakistan's healthcare, education sectors: experts

Say low latency will improve access to far-flung, remote areas

Updated 21 Nov, 2021 02:04pm

Telecommunication

Telenor launches suite of business solutions

Telenor Pakistan has launched its state-of-the art suite of business solutions to ensure its customers stay...

Published 11 Nov, 2021 01:14pm

Telecommunication

Xiaomi partners with Air Link to manufacture smartphones in Pakistan

Development comes after Air Link last month announced that it will incorporate a wholly-owned subsidiary 'Select Technologies (Pvt) Limited'

Updated 01 Nov, 2021 08:01pm

Telecommunication

Bold steps needed to harness potential of digitalisation: Jazz's chief business officer

Connectivity has now become a fundamental human right, and all governmental initiatives in the ICT arena must take...

Published 20 Oct, 2021 07:43pm

Telecommunication

Pakistan officially added to Amazon’s sellers' list, says Dawood

Amazon has confirmed that it has added Pakistan to its sellers' list, according to a recent tweet by Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood.

Published 21 May, 2021 12:05pm

Stocks

Brazil's financial social media platform TradersClub to file for IPO

The company is seeking a valuation of roughly 3 billion reais in the floatation, one of the sources added.
Brazil's lowest interest rates on record have prompted many investors who once stuck to fixed income to experiment with stocks and other riskier alternatives.

Published 20 May, 2021 07:39pm

Telecommunication

Spotify to launch auto-transcribe feature for podcasts soon

Spotify has announced today that it will be introducing a beta version of a podcast auto-transcription feature for its podcasts over the coming weeks

Published 18 May, 2021 08:04pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.30
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.25
Euro to USD / Apr 18	1.07

Stock	Volume
S&P 500 / Apr 17	5022.21
Nasdaq / Apr 17	15683.37
Dow Jones / Apr 17	37735.31
India Sensex / Apr 18	72965.85
Tokyo Nikkei / Apr 18	38103.03
Hang Seng / Apr 18	16452.30
FTSE 100 / Apr 18	7883.62
Germany DAX 30 / Apr 18	17795.41

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	21735
Gold 10 Grams PKR / Apr 17	215964
Petrol/Litre / Apr 18	293.94
Crude Oil USD/Barrel / Apr 18	82.77
Gold Spot USD/Ounce / Apr 18	2374.98
Diesel/Litre / Apr 18	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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