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telecom

Telecom Industry: A perfect storm

The Telecom revolution in Pakistan took place in the early 2000s due to the deregulation of the industry. As a...

Published 05 Aug, 2022 08:49am

BR Research

Telecom FDI: down again

As expected, the country’s digital connectivity sector had an abysmal time last fiscal vis-à-vis foreign...

Published 25 Jul, 2022 09:29am

Markets

S&P 500, Nasdaq ride higher on Tesla gains

NEW YORK: The Nasdaq and the S&P 500 rose on Thursday as gains in electric automaker Tesla following its strong...

Published 22 Jul, 2022 06:07am

BR Research

PTCL: deepening losses

The country’s telecom giant is being weighed down by rising operating costs and escalating cost of debt. As per ...

Published 19 Jul, 2022 08:37am

BR Research

ICTs in the budget

Evaluating the latest federal budget’s taxation measures for the local Information and Communication Technologies...

Published 15 Jun, 2022 08:19am

World

‘Govt should limit America Movil’s market concentration’

MEXICO CITY: AT&T’s top executive in Mexico has urged the government to place limits on its telecom rival...

Published 29 Jan, 2022 06:05am

BR Research

The repatriation trend

Profit and dividend repatriation in the particular context of foreign direct investment during the first quarter of...

Published 26 Nov, 2021 06:25am

Pakistan

Bill and Melinda Gates Foundation: E-Processing Systems BV receives investment

KARACHI: Systems Limited has announced that its subsidiary E-Processing Systems B.V. has received an investment from...

Published 18 Nov, 2021 03:58am

Technology

IT, telecom fields: Pakistan, UAE agree to enhance cooperation

ISLAMABAD: Ambassador of United Arab Emirates (UAE) to Pakistan Hamad Obaid Ibrahim Al-Zaabi called on Federal...

Published 10 Sep, 2021 04:41am

BR Research

Falling reinvested earnings

That’s what rising profit and dividend repatriation by the foreign companies and MNCs portrays in particular...

Published 24 Jun, 2021 07:25am

BR Research

Telecoms: quality matters

Telco’s are coming under scrutiny for subpar quality of service (QoS). While many frustrated users end up making...

Published 23 Jun, 2021 07:40am

Pakistan

PACRA upgrades Jazz’s long-term rating to ‘AA’

ISLAMABAD: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded Jazz’s long-term rating to the highest...

Published 28 May, 2021 04:08am

Markets

PSX witnesses further depletion: BRIndex100 stays bearish

KARACHI: Despite foreign buying, Pakistan Stock Exchange Friday remained under heavy pressure due to selling by ...

Published 24 Apr, 2021 03:21am

Ministry evaluates seven bands for adoption of 5G services

ISLAMABAD: The Ministry of Information Technology and Telecom-munication has evaluated seven bands for adoption of ...

Published 14 Mar, 2021 04:13am

Business & Finance

Telecom tower firms buying assets across Europe as 5G rolls out

Cellnex's rapid expansion will give the company more than 100,000 tower sites in its portfolio, compared with about 82,000 towers for Vantage, which was spun out of Vodafone Group .
American Tower, which has nearly 200,000 towers globally, has a quarter of that number in Europe, and about 170,000 towers are still owned by mobile network operators.

Published 03 Mar, 2021 06:36pm

Business & Finance

Hormuud Telecom awarded Somalia's first mobile money licence

Hormuud Telecom began operating in Somalia in 2002 and has some 3.6 million subscribers among the country's population of more than 15 million people.
The mobile money sector in Somalia has never been regulated, which added to the perceived risk of the financial sector in Somalia.

Updated 27 Feb, 2021 09:09pm

5G planned to be introduced from Dec 2022: Amin

KARACHI: Federal Minister for Information Technology and Telecom, Syed Amin-ul-Haq Thursday said that the government...

Published 26 Feb, 2021 05:20am

BR Research

Dismal telecom FDI

Foreign investment into the country’s telecom sector has flipped back to a disappointing trend in FY21 so far. The...

Published 25 Feb, 2021 07:30am

BR Research

Jazz in 2020

With nearly Rs200 billion in revenues under its belt, Pakistan Mobile Communications Limited (Jazz) closed CY20 on a...

Published 22 Feb, 2021 07:25am

BR Research

Remittance bonanza

The upbeat momentum of home remittances continues. The less travel and state level pressure to curb on informal...

Published 16 Feb, 2021 07:25am

Business & Finance

PTCL Group posts 38pc profit growth in 2020

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services...

Updated 11 Feb, 2021 09:32am

Business & Finance

Nokia's Revenues Drop due to Share Loss in 2021

Nokia witnesses a drop in its revenues as the company experiences share loss and falling product prices in 2021.

Updated 04 Feb, 2021 03:35pm

BR Research

On declining ARPU

Since ICT is the connectivity backbone of a modern economy, this space has been keeping track of development in the...

Published 29 Jan, 2021 07:30am

BR Research

Scaling IT exports

While Pakistan’s telecom and IT-related services exports have done well in recent months, there is room for more...

Published 27 Jan, 2021 07:30am

Business & Finance

BT Italy false accounting trial to resume in April

In a short hearing on Tuesday morning, the court went through formalities such as verifying the legal representatives of the defendants.
BT took a 530 million pound ($725 million) charge in its accounts in 2017 relating to the alleged false accounting.

Published 26 Jan, 2021 07:11pm

Technology

Pakistan approves Right of Way Policy

Haque said that Right of Way Policy will pave way for laying of telecommunication network and digitalization.

Published 21 Jan, 2021 10:54am

Business & Finance

TIM board meeting could set CEO on road to new deal

TIM is expected to pick a headhunter to help with the board's selection process and advisory firm Egon Zehnder is in pole position for the role.
The idea is that the board could put forward its own list and Gubitosi's name would be on it.

Published 20 Jan, 2021 08:35pm

Business & Finance

July-Dec 2020-2021: Mobile phones’ import increases by 52.37pc

ISLAMABAD: Mobile phones’ import witnessed an increase of 52.37 percent in the first half (July-Dec) of fiscal ...

Published 17 Jan, 2021 04:13am

Technology

COVID-19, network upgrade fuel Pakistan’s Telecom sector growth in 2020: PTA

A surge in demand for telecom services due to lockdown resulted in significant growth not only in the subscriber base also in the usage of telecom services.
In the last five years, total broadband subscription in the country grew by 175pc.

Published 16 Jan, 2021 10:38am

Technology

Swedish court dismisses Huawei appeal over 5G network ban

A ruling by the Administrative Court of Appeal in a case relating to the law on electronic communication is final and therefore cannot be appealed.
Huawei's hope was that the (Supreme) court would take a broader approach to the issue of law and consider the appeal on other grounds.

Published 15 Jan, 2021 06:02pm

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Oct 7 First Elite Capital Modaraba(FECM)	3.04 ▲ 0.39 (14.72%)
Kohinoor Ind. / Oct 7 Kohinoor Industries Limited(KOIL)	5.50 ▲ 0.70 (14.58%)
Pak Gen.Ins. / Oct 7 The Pakistan General Insurance Co. Ltd.(PKGI)	6.38 ▲ 0.60 (10.38%)
F.Treet Manuf / Oct 7 First Treet Manufacturing Modaraba(FTMM)	10.65 ▲ 0.93 (9.57%)
Chakwal Spinning / Oct 7 Chakwal Spinning Mills Limited(CWSM)	1.85 ▲ 0.16 (9.47%)
Ghazi Fabrics / Oct 7 Ghazi Fabrics International Limited(GFIL)	5 ▲ 0.40 (8.70%)
HBL Growth Fund / Oct 7 HBL Growth Fund(HGFA)	5.75 ▲ 0.45 (8.49%)
Imperial Limited / Oct 7 Imperial Limited(IML)	14.26 ▲ 1.00 (7.54%)
Frieslandcampina / Oct 7 Frieslandcampina Engro Pakistan Limited(FCEPL)	74.25 ▲ 5.18 (7.50%)
P.N.S.C / Oct 7 Pakistan National Shipping Corporation(PNSC)	82.01 ▲ 5.72 (7.50%)

Stock	Price
Nishat Power / Oct 7 Nishat Power Limited(NPL)	18.72 ▲ -3.21 (-14.64%)
Tariq Corp.Pref. / Oct 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	3 ▲ -0.51 (-14.53%)
Pak Agro Pack. / Oct 7 Pak Agro Packaging Limited(GEMPAPL)	9 ▲ -1.00 (-10.00%)
Tri-Star Power / Oct 7 Tri-Star Power Limited(TSPL)	4.60 ▲ -0.40 (-8.00%)
Fazal Cloth / Oct 7 Fazal Cloth Mills Limited(FZCM)	249.66 ▲ -20.24 (-7.50%)
Ideal Sp. / Oct 7 Ideal Spinning Mills Limited(IDSM)	31.82 ▲ -2.58 (-7.50%)
AKD Securities / Oct 7 AKD Securities Limited(AKDSL)	22.34 ▲ -1.81 (-7.49%)
Suhail Jute / Oct 7 Suhail Jute Mills Limited(SUHJ)	22.49 ▲ -1.82 (-7.49%)
Olympia Mills / Oct 7 Olympia Mills Limited(OML)	17.60 ▲ -1.40 (-7.37%)
Reliance Ins. / Oct 7 Reliance Insurance Company Limited(RICL)	6.15 ▲ -0.47 (-7.10%)

Stock	Volume
WorldCall Telecom / Oct 7 Worldcall Telecom Limited(WTL)	83,449,000 ▼ 0.00
Telecard Limited / Oct 7 Telecard Limited(TELE)	44,118,500 ▼ 0.00
The Organic Mea / Oct 7 The Organic Meat Company Limited(TOMCL)	9,862,500 ▼ 0.00
Lotte Chemical / Oct 7 Lotte Chemical Pakistan Limited(LOTCHEM)	8,666,503 ▼ 0.00
Kot Addu Power / Oct 7 Kot Addu Power Company Limited(KAPCO)	8,472,604 ▼ 0.00
TRG Pak Ltd / Oct 7 TRG Pakistan Limited(TRG)	8,187,542 ▼ 0.00
Maple Leaf Cement / Oct 7 Maple Leaf Cement Factory Limited(MLCF)	7,973,419 ▼ 0.00
Hub Power Co. / Oct 7 The Hub Power Company Limited(HUBC)	7,488,553 ▼ 0.00
Flying Cement / Oct 7 Flying Cement Company Limited(FLYNG)	7,051,000 ▼ 0.00
TPL Properties / Oct 7 TPL Properties Limited(TPLP)	5,387,739 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 7	220.90
USD PKR Interbank Buying / Oct 7	219.90
USD to Japanese Yen / Oct 7	145.25
USD to Swiss Franc / Oct 7	0.99
Pound Sterling to USD / Oct 7	1.11
Euro to USD / Oct 7	0.97
UK LIBOR % / Oct 6	3.06

Stock	Volume
S&P 500 / Oct 7	3674
India Sensex / Oct 7	58191.29
Tokyo Nikkei / Oct 7	27116.11
Nasdaq / Oct 7	10779.48
Hang Seng / Oct 7	17740.05
FTSE 100 / Oct 7	6976.56
Dow Jones / Oct 7	29427.31
Germany DAX 30 / Oct 7	12294.69
France CAC40 / Oct 7	5868.44

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 6	19235
Crude Oil USD/Barrel / Oct 7	90.51
Gold 10 Grams PKR / Oct 7	124357
Gold Spot USD/Ounce / Oct 7	1696.34
Cotton US¢/pound / Oct 7	82.08

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