Telecommunication - Technology

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

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

Telecommunication

US, Europe could team up on 5G, but not if trade war under way: German lawmaker

The United States and the European Union could team up to counter the dominance of China's Huawei Technologies in next-generation 5G telecoms technology, but not if Washington continues to threaten tariffs against Brussels, a senior German conservative la

Published 09 Feb, 2020 12:00am

Telecommunication

Apple fined in France over iPhone-slowing software

France's consumer watchdog said Friday that Apple had agreed to pay 25 million euros ($27.4 million) for failing to tell iPhone users that software updates could slow down older devices. The scandal erupted in December 2017, when the US tech giant admitte

Published 08 Feb, 2020 12:00am

Telecommunication

Huawei makes 'Double Deposit Offer'

With market anticipation on a high, the pre-orders of Huawei Y6s were a hit as the entire pre-order stock was booked in less than a week; this time Huawei had made an exciting 'Double Deposit Offer' for its budget Y Series variant that got consumers to Hu

Published 08 Feb, 2020 12:00am

Telecommunication

Nokia recovers in fourth quarter

Finnish telecom equipment provider Nokia beat expectations in a "challenging" 2019 as a strong fourth quarter enabled it to post its first full-year net profit since 2015, of 7.0 million euros. For the three months to December, it chalked up net profit of

Published 07 Feb, 2020 12:00am

Telecommunication

Vodafone takes 200 million euro hit from Huawei 5G curbs

British telecoms giant Vodafone revealed Wednesday that it would cost about 200 million euros ($221 million) over five years to remove controversial Chinese group Huawei's equipment from core 5G European activities. "We have now decided, as a result of th

Published 06 Feb, 2020 12:00am

Telecommunication

PTA clarification

Apropos a news item titled "Imported Cellphones: Experts Underscore Need for Revision of Tax Slabs" which was published in Business Recorder on 4th February 2020, it is clarified that the news item presents a skewed and incorrect image of the Devic

Published 06 Feb, 2020 12:00am

Telecommunication

TCL set to end deal making BlackBerry smartphones

Chinese electronics group TCL will stop producing BlackBerry-branded smartphones this year, the companies said Monday, leaving it unclear whether that will be the end of the line for the once-dominant handsets.

Published 04 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

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

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

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

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

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

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

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

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

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

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

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

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

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 27	277 ▼ -0.01
USD PKR Interbank Buying / Oct 27	276.80 ▼ -0.01
USD to Japanese Yen / Oct 28	157.82 ▼ -0.05
USD to Swiss Franc / Oct 28	0.83 ▲ 0.0014
Pound Sterling to USD / Oct 28	1.33 ▼ -0.002
Euro to USD / Oct 28	1.11 ▼ -0.0012
SOFR % / Oct 26	3.93 ▲ 0.01

Stock	Volume
India Sensex / Oct 28	72,952.80
Tokyo Nikkei / Oct 28	64,087.42
Hang Seng / Oct 28	23,062.60
FTSE 100 / Oct 28	10,651.98
Germany DAX 30 / Oct 28	25,590.77
France CAC40 / Oct 28	7,903.29
S&P 500 / Oct 27	7,722.60
Nasdaq / Oct 27	26,477.81
Dow Jones / Oct 27	52,377.57

Item	Value
Petrol/Litre / Oct 28	376.06
Crude Oil USD/Barrel / Oct 28	101.37
Karachi Cotton PKR/37.32 KG / Oct 28	18,080
Gold 10 Grams PKR / Oct 28	364,914
Gold Spot USD/Ounce / Oct 28	4,033.94
Diesel/Litre / Oct 28	398.07
Cotton US¢/pound / Oct 28	77.80

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Oct 28 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.67 ▲ 0.63 (20.72%)
Colony Tex.Mills Ltd / Oct 28 Colony Textile Mills Limited(CTM)	7.34 ▲ 1 (15.77%)
Hira Textile / Oct 28 Hira Textile Mills Limited(HIRAT)	5.61 ▲ 0.71 (14.49%)
Waves Corporation / Oct 28 Waves Corporation Limited(WAVES)	8.95 ▲ 1 (12.58%)
Amtex Ltd / Oct 28 Amtex Limited(AMTEX)	4.35 ▲ 0.46 (11.83%)
Ist.Capital Sec / Oct 28 First Capital Securities Corporation(FCSC)	5.50 ▲ 0.58 (11.79%)
Aruj Industries / Oct 28 Aruj Industries Limited(ARUJ)	10.49 ▲ 1 (10.54%)
First Capital Equities / Oct 28 First Capital Equities Limited(FCEL)	4.68 ▲ 0.44 (10.38%)
ECOPACK Ltd / Oct 28 Ecopack Limited(ECOP)	42.11 ▲ 3.83 (10.01%)
Flying Cement / Oct 28 Flying Cement Company Limited(FLYNG)	33.63 ▲ 3.06 (10.01%)

Stock	Price
Bawany Air Products (R) / Oct 28 Bawany Air Products Limited Right(BAPLR1)	6.62 ▼ -1 (-13.12%)
Dadex Eternit / Oct 28 Dadex Eternit Limited(DADX)	146.59 ▼ -16.29 (-10%)
Khairpur Sug. / Oct 28 Khairpur Sugar Mills Limited(KPUS)	1,133.86 ▼ -125.98 (-10%)
Popular Islamic / Oct 28 Popular Islamic Modaraba(PIM)	120.79 ▼ -13.42 (-10%)
Unicap Modaraba / Oct 28 Unicap Modaraba(UCAPM)	21.17 ▼ -2.35 (-9.99%)
AN Textile Mills / Oct 28 AN Textile Mills Limited(ANTM)	61.76 ▼ -6.51 (-9.54%)
Masood Textile / Oct 28 Masood Textile Mills Limited(MSOT)	146.35 ▼ -15.26 (-9.44%)
Crescent Steel / Oct 28 Crescent Steel & Allied Products Limited(CSAP)	78.67 ▼ -8.12 (-9.36%)
Dar-es-Salaam / Oct 28 Dar-es-Salaam Textile Mills Limited(DSML)	16.62 ▼ -1.57 (-8.63%)
Diamond Ind. / Oct 28 Diamond Industries Limited(DIIL)	77.34 ▼ -7.26 (-8.58%)

Stock	Volume
Pervez Ahmed Consultancy / Oct 28 Pervez Ahmed Consultancy Services Ltd.(PASL)	58,321,090 ▲ 0.63
TPL Properties / Oct 28 TPL Properties Limited(TPLP)	38,349,910 ▲ 0.92
Cnergyico PK / Oct 28 Cnergyico PK Limited(CNERGY)	34,763,642 ▲ 0.08
TPL Corp Ltd / Oct 28 TPL Corp Limited(TPL)	30,325,444 ▲ 2.1
K-Electric Ltd. / Oct 28 K-Electric Limited(KEL)	16,690,373 ▲ 0.03
WorldCall Telecom / Oct 28 Worldcall Telecom Limited(WTL)	16,245,811 ▼ -0.02
B.O.Punjab / Oct 28 The Bank of Punjab(BOP)	15,574,248 ▲ 1.14
Trust Sec.& Brok. / Oct 28 Trust Securities & Brokerage Limited(TSBL)	14,967,348 ▼ -0.06
Ist.Capital Sec / Oct 28 First Capital Securities Corporation(FCSC)	14,098,706 ▲ 0.58
Media Times Ltd / Oct 28 Media Times Limited(MDTL)	13,600,536 ▲ 0.39

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