Telecommunication

Nokia CEO to step down, replaced by Fortum chief

Nokia's chief executive officer Rajeev Suri will leave the telecom equipment provider in September and be replaced by the current head of Finnish energy group Fortum, Nokia announced on Monday.

Published 09 Mar, 2020 12:00am

Telecommunication

Qualcomm says China virus poses threat to cellphone industry

Chip maker Qualcomm Inc said on Wednesday that the coronavirus outbreak in China poses a potential threat to the mobile phone industry, with a possible impact on manufacturing and sales.

Published 09 Mar, 2020 12:00am

Telecommunication

Facebook agree to share data with Pakistan for combating cybercrime

FIA will nominate focal persons of Cyber Crime Wing in each province of the country to collaborate with Facebook.

Published 03 Mar, 2020 10:20am

Telecommunication

Apple, J&J to study if Apple Watch app leads to lower stroke risk

Johnson & Johnson said on Tuesday it would partner with Apple Inc on a study to use an iPhone app and the Apple Watch to study how earlier detection of atrial fibrillation impacts stroke in people aged 65 or older.

Published 02 Mar, 2020 12:00am

Telecommunication

Sony focuses on professional photo features with new Xperia handsets

Japan's Sony, which lags its South Korean and Chinese rivals in smartphone sales, on February 24 unveiled a new handset featuring advanced camera technology to boost its appeal for video and film professionals. Speaking via web streaming from Tokyo, Presi

Published 02 Mar, 2020 12:00am

Telecommunication

Huawei launches Mate XS foldable smartphone with better screen

Huawei unveiled an upgrade to its folding smartphone on February 24, hoping that a faster phone with higher-quality display will encourage consumers to spend as much as $2,700 for the top-of-the-range version. The new Mate XS arrives a year after the Chin

Published 02 Mar, 2020 12:00am

Telecommunication

Regulators move to fine telecoms for selling location data

US regulators moved to impose fines Friday against the nation's four major wireless carriers for selling location data of customers without their consent.

Published 01 Mar, 2020 12:00am

Telecommunication

Infinix becomes first smartphone brand manufacturer in Pakistan

Infinix, with its latest and high-quality premium products, is one of the leading smartphone brands in Pakistan. It has continued growing stronger, and one of the primary reasons is the company's continuous investment and contribution to the economic and

Published 29 Feb, 2020 12:00am

Telecommunication

Huawei to open European 5G factory in France

Chinese telecom giant Huawei said Thursday that it would begin manufacturing radio equipment for next-generation 5G networks in France, its first such facility outside of China. Huawei, which has become caught up in a bruising trade war between Beijing an

Published 28 Feb, 2020 12:00am

Telecommunication

New Qualcomm chips aim at connecting phones to disparate 5G networks

Qualcomm Inc on Tuesday introduced new chips designed to connect mobile phones to 5G networks that operate differently around the world. Qualcomm is the world's biggest supplier of mobile phone chips. The San Diego, California-based company said its new X

Published 24 Feb, 2020 12:00am

Telecommunication

PTCL, RCCI sign MoU for digital services

Pakistan Telecommunication Company Limited (PTCL), has signed an MoU with the Rawalpindi Chamber of Commerce and Industries (RCCI) to establish a strategic partnership that offers state-of-the-art digital services from PTCL to business community associate

Published 20 Feb, 2020 12:00am

Telecommunication

Huawei loses legal challenge

Washington has the right to block US federal agencies from buying products by Huawei on cybersecurity grounds, a judge has ruled, dismissing the Chinese telecom giant's legal challenge to a purchase ban.

Published 20 Feb, 2020 12:00am

Telecommunication

Government aims to increase ICT industry to $20 billion in few years: PM

Sergi Herrero, Co-Chief Executive Officer of VEON (parent company of Jazz Pakistan) called on Prime Minister Imran Khan on Wednesday. Chief Executive Officer of Jazz Pakistan Aamir Ibrahim, Chief of Corporate and Regulatory Affairs Syed Fakhar Ahmed and H

Published 20 Feb, 2020 12:00am

Telecommunication

Apple to miss revenue forecast as iPhone supply hit by coronavirus

Apple announced Monday it would miss its March quarter revenue forecast and global iPhone supplies would fall because of the deadly coronavirus epidemic, triggering a fall in Asian stock markets. The COVID-19 death toll now exceeds 1,800 in China, where i

Published 19 Feb, 2020 12:00am

Telecommunication

Ufone celebrates 19 years of its success

Ufone celebrated 19 years of successful operations in Pakistan with the entire UFamily at Ufone Tower, Islamabad and other offices across the country. During the anniversary celebrations, employees and management vowed to serve their customers with comple

Published 19 Feb, 2020 12:00am

Telecommunication

Thailand raises $3.2 billion at 5G license auctions

Thailand's telecoms regulator raised 100.52 billion baht ($3.2 billion) in 5G spectrum auctions on Sunday, with operators snapping up 48 licenses ahead of an expected commercial rollout later this year. Thailand's top mobile operator, Advanced Info Servic

Published 17 Feb, 2020 12:00am

Telecommunication

Samsung unveils compact foldable phone, 5G Galaxy S

Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship devices as it strives to retain the mantle of biggest global phone company.

Published 17 Feb, 2020 12:00am

Telecommunication

Missed call? Counting the cost of no-show Mobile World Congress

For an event meant to showcase the power of telecoms, cancelling this year's Mobile World Congress in Barcelona without a back-up plan has perplexed many in the trillion-dollar sector. Wednesday's decision to call off the telecoms industry's biggest annua

Published 17 Feb, 2020 12:00am

Telecommunication

Orange strikes confident tone for French market after sales rise

France's biggest telecoms operator Orange said on Thursday it saw potential for revenue growth in its competitive home market after a good fourth quarter there offset a downturn in Spain, helping lift its shares. Orange, led by Chief Executive Stéphane Ri

Published 17 Feb, 2020 12:00am

Telecommunication

Supreme Court orders Indian telcos to pay $13 billion or face action

India's Supreme Court on Friday ordered top telecom companies to pay $13 billion in unpaid spectrum and licensing fees by March 17 or face punishment in a fresh blow to ailing mobile carriers.

Published 15 Feb, 2020 12:00am

Telecommunication

Cancelling top mobile fair 'was only option': organisers

Cancelling the world's top mobile trade fair was the "only option" in the face of "force majeure" after coronavirus fears prompted dozens of companies to bolt the upcoming show, organisers said Thursday.

Published 14 Feb, 2020 12:00am

Telecommunication

France says won't bar Huawei from 5G network

France on Thursday said Chinese telecommunications firm Huawei would not be excluded from supplying equipment for 5G networks in the country but could be subject to restrictions and Paris may prioritise European operators. "There is no discrimination towa

Published 14 Feb, 2020 12:00am

Telecommunication

Huawei hit with new US charges of trade secrets theft

Huawei was hit Thursday with new US criminal charges alleging the Chinese tech giant engaged in a "decades-long" effort to steal trade secrets from American companies. A US indictment unsealed in New York alleges Huawei conspired "to misappropriate intell

Published 14 Feb, 2020 12:00am

Telecommunication

Crisis talks on fate of Spain mobile fair over virus fears

Organisers of the World Mobile Congress were holding urgent talks Wednesday over the fate of the world's top mobile trade fair following an exodus of industry heavyweights over coronavirus fears, a source close to the meeting said. "We're leaning towards

Published 13 Feb, 2020 12:00am

Telecommunication

T-Mobile, Sprint near finish line for wireless megadeal

T-Mobile and Sprint said Tuesday they were taking the final steps to complete a tie-up that reshapes the US wireless industry after a federal court turned aside an antitrust challenge.

Published 12 Feb, 2020 12:00am

Telecommunication

Telenor Pakistan, WB join forces for GLWE initiative

Telenor Pakistan and the World Bank (WB) have joined forces for "Girls Learn, Women Earn" (GLWE) initiative in continuation of its efforts for women empowerment, inclusion and participation in the country's socio-economic uplift.

Published 12 Feb, 2020 12:00am

Telecommunication

PTCL announces 5 percent dividend final cash

Pakistan Telecommunication Company Limited (PTCL), the country's leading telecom and ICT services provider, has announced its financial results for the year ended on December 31, 2019 at its Board of Directors' meeting held on February 11, 2020.

Published 12 Feb, 2020 12:00am

Telecommunication

Technology firms skipping key mobile fair over virus fears

Major tech companies are skipping the Mobile World Congress this year because of fears over the coronavirus, though Chinese groups and other big names still plan to attend the top industry event. Amazon and Sony said Monday they will stay away from the wo

Published 11 Feb, 2020 12:00am

Telecommunication

Huawei promises 'Made in Europe' 5G for EU

Chinese telecom giant Huawei said on Tuesday it would set up manufacturing hubs in Europe, as it tries to fight off US pressure on EU nations to stop it from operating.

Published 10 Feb, 2020 12:00am

Telecommunication

Anti-Huawei UK lawmakers conducting 'witch-hunt': Chinese ambassador

Senior members of Prime Minister Boris Johnson's Conservatives who have demanded Chinese telecoms giant Huawei must not have a role in Britain's 5G mobile network are conducting "a kind of witch-hunt", China's ambassador to London said on Sunday.

Published 10 Feb, 2020 12:00am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▼ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▼ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▼ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▲ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▲ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▲ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▲ 0.00 (0.00%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.00
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.00
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	15,788,641 ▲ 0.00
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▲ 0.00
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.00
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.00
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.00
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	6,313,500 ▲ 0.00
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.00
Fauji Cement / Jun 9 Fauji Cement Company Limited(FCCL)	4,608,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
Dow Jones / Jun 7	33665.02
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52
FTSE 100 / Jun 8	7612.23
Germany DAX 30 / Jun 8	15994.38
France CAC40 / Jun 8	7222.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

Telecommunication

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