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

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

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

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

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

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

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

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

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

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

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

Canada lawyers argue for Huawei executive's extradition to US

Canadian government lawyers on Wednesday laid out a case for extraditing a senior Huawei executive to the United States, saying it is based on "a fraud on a bank."

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

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

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

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

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

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

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

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

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

'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

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 26 Grays Leasing Limited(GRYL)	3.65 ▲ 0.95 (35.19%)
Premier Ins. / May 26 Premier Insurance Limited(PINL)	4.75 ▲ 1.00 (26.67%)
SME Leasing Ltd / May 26 SME Leasing Limited(SLL)	2.45 ▲ 0.40 (19.51%)
Gammon Pak / May 26 Gammon Pakistan Limited(GAMON)	6.66 ▲ 1.00 (17.67%)
Ghazi Fabrics / May 26 Ghazi Fabrics International Limited(GFIL)	6.30 ▲ 0.80 (14.55%)
Nazir Cotton Mills / May 26 Nazir Cotton Mills Limited(NCML)	5.85 ▲ 0.69 (13.37%)
Chakwal Spinning / May 26 Chakwal Spinning Mills Limited(CWSM)	2.00 ▲ 0.20 (11.11%)
Shaheen Ins. / May 26 Shaheen Insurance Company Limited(SHNI)	3.55 ▲ 0.35 (10.94%)
Media Times Ltd / May 26 Media Times Limited(MDTL)	1.98 ▲ 0.17 (9.39%)
Zephyr Textile / May 26 Zephyr Textiles Limited(ZTL)	11.48 ▲ 0.98 (9.33%)

Stock	Price
Punjab Mod / May 26 First Punjab Modaraba(FPJM)	1.70 ▲ -0.19 (-10.05%)
Trust Mod. / May 26 Trust Modaraba(TRSM)	1.51 ▲ -0.15 (-9.04%)
Huffaz Seamless / May 26 Huffaz Seamless Pipe Industries Limited(HSPI)	10.21 ▲ -1.00 (-8.92%)
First Pak Mod. / May 26 First Pak Modaraba(PAKMI)	2.40 ▲ -0.21 (-8.05%)
K.S.B.Pumps / May 26 KSB Pumps Company Limited(KSBP)	110.90 ▲ -8.99 (-7.50%)
Shams Textile / May 26 Shams Textile Mills Limited(STML)	55.43 ▲ -4.49 (-7.49%)
Bal. Wheel / May 26 Baluchistan Wheels Limited(BWHL)	78.64 ▲ -6.36 (-7.48%)
Imperial Limited / May 26 Imperial Limited(IML)	14.30 ▲ -1.15 (-7.44%)
Universal Network / May 26 Universal Network Systems Limited(GEMUNSL)	51.75 ▲ -4.15 (-7.42%)
EFG Hermes Pak / May 26 EFG Hermes Pakistan Limited(EFGH)	16.10 ▲ -1.28 (-7.36%)

Stock	Volume
Pak Refinery / May 26 Pakistan Refinery Limited(PRL)	35,646,724 ▼ 0.00
Cnergyico PK / May 26 Cnergyico PK Limited(CNERGY)	19,634,624 ▼ 0.00
Telecard Limited / May 26 Telecard Limited(TELE)	18,414,500 ▼ 0.00
Ghani Glo Hol / May 26 Ghani Global Holdings Limited(GGL)	17,582,929 ▼ 0.00
TPL Properties / May 26 TPL Properties Limited(TPLP)	16,753,479 ▼ 0.00
WorldCall Telecom / May 26 Worldcall Telecom Limited(WTL)	16,005,500 ▼ 0.00
Silk Bank Ltd / May 26 Silkbank Limited(SILK)	13,074,500 ▼ 0.00
P.T.C.L. / May 26 Pakistan Telecommunication Company Ltd(PTC)	12,947,000 ▼ 0.00
Fauji Foods Ltd / May 26 Fauji Foods Limited(FFL)	12,047,000 ▼ 0.00
TRG Pak Ltd / May 26 TRG Pakistan Limited(TRG)	9,254,282 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 25	201.80
USD PKR Interbank Buying / May 25	201.30
USD to Japanese Yen / May 25	127.41
USD to Swiss Franc / May 25	0.96
Pound Sterling to USD / May 25	1.26
Euro to USD / May 25	1.07
UK LIBOR % / May 25	0.82

Stock	Volume
S&P 500 / May 25	3978.73
India Sensex / May 25	53749.26
Tokyo Nikkei / May 25	26653.80
Nasdaq / May 25	11434.74
Hang Seng / May 25	19952.81
FTSE 100 / May 25	7522.75
Dow Jones / May 25	32120.28
Germany DAX 30 / May 25	14007.93
France CAC40 / May 25	6298.64

Item	Value
Crude Oil USD/Barrel / May 25	110.44
Karachi Cotton PKR/37.32 KG / May 25	21180.00
Gold 10 Grams PKR / May 25	120700.00
Gold Spot USD/Ounce / May 25	1849.73
Cotton US¢/pound / May 25	122.20

Telecommunication

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