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telecom sector

FBR starts process of blocking mobile SIMs of non-filers

First batch comprising 5,000 non-filers has been communicated to telecom operators for disabling their mobile phone SIMs, board says

Updated 11 May, 2024 12:29am

Business & Finance

Canada’s Bell to cut 4,800 jobs in latest round as ad dollars dry up

Canadian media and telecom firm Bell will cut 4,800 positions, parent company BCE said on Thursday, in its largest...

Published 08 Feb, 2024 07:30pm

Telecom sector: FBR launches single sales tax return

ISLAMABAD: The Federal Board of Revenue (FBR) has launched single sales tax return (tax period of January 2024) for...

Updated 02 Feb, 2024 09:21am

Business & Finance

Telecom sector investment declines to $762m in 2022-23

ISLAMABAD: Telecom sector investment declined to $762 million in 2022-23 compared to $1.666 billion in 2021-22,...

Published 30 Jan, 2024 04:52am

BR Research

Telco FDI in 1HFY24

The FDI in the telecom sector has been falling continuously after the spike in FY20 when 3G/4G came to the country....

Published 25 Jan, 2024 08:52am

Technology

PTA drafts framework for Mobile Virtual Network Operator services

ISLAMABAD: Pakistan Telecommunication Authority (PTA) has drafted a framework for Mobile Virtual Network Operator...

Published 25 Jan, 2024 04:23am

Pakistan

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

$400m ‘Pakistan Raises Revenue’ project: World Bank rates implementation progress moderately satisfactory

ISLAMABAD: The World Bank has rated the overall implementation progress of Pakistan Raises Revenue project of worth...

Updated 26 Dec, 2023 09:11am

Business & Finance

Telecom sector: Body formed ahead of launch of single portal for filing ST returns

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a single portal committee for operationalizing...

Published 22 Dec, 2023 05:22am

Technology

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

Pakistan

PTA unveils ‘Cyber Security Strategy’

ISLAMABAD: Pakistan Telecommunication Authority (PTA) while admitting an increase in cyber attacks complexity...

Published 13 Dec, 2023 05:33am

Business & Finance

Telecom sector: VEON Group for addressing key challenges including ARPU

ISLAMABAD: The VEON Group on Wednesday pointed out the urgent need to address key challenges facing Pakistan’s...

Published 30 Nov, 2023 04:53am

Business & Finance

Telecom sector facing multiple challenges

ISLAMABAD: Pakistan telecom market is currently navigating a transformed business landscape characterised by various...

Published 29 Nov, 2023 05:09am

Business & Finance

Minister highlights govt’s steps towards IT exports

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunications Dr Umar Saif while...

Published 26 Oct, 2023 06:08am

Telecom sector: FBR to implement single portal for ST return filing

ISLAMABAD: The Federal Board of Revenue (FBR) will implement a single portal for filing of single sales tax returns...

Updated 22 Oct, 2023 05:47pm

Many IT cos parking USD outside country: minister

ISLAMABAD: Caretaker Federal Minister for Information Technology and Telecommunication, Dr Umar Saif, said that the...

Updated 27 Sep, 2023 10:41am

Kakar gives go-ahead to plan aimed at bringing PayPal, Starlink to Pakistan

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday approved the Ministry of Information Technology...

Updated 07 Sep, 2023 09:19am

Business & Finance

PTCL informs PSX it’s making sizable investment in telecom sector

ISLAMABAD: Pakistan Telecommunication Company Limited has shown its interest in making a sizable investment in the...

Published 30 Aug, 2023 03:33am

Business & Finance

June ITeS export remittances decline 5pc to $214m MoM

ISLAMABAD: Pakistan’s IT and IT-enabled Services (ITeS) export remittances declined by around five percent on a...

Published 19 Aug, 2023 06:36am

Business & Finance

Minister pleads reduced tax rates for telecom sector, mobile handsets

ISLAMABAD: Federal Minister for Information Technology and Telecommunication Syed Aminul Haque pleaded reduced tax...

Published 09 Aug, 2023 05:33am

Business & Finance

Telecom sector: an estimated 200,000 jobs generated since 3G/4G launch

ISLAMABAD: Since the launch of 3G/4G in Pakistan, an estimated total employment of 200,000 (direct and indirect) has...

Published 26 Jul, 2023 06:17am

Pakistan

Telecom sector: minister, NA deputy speaker discuss various issues

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque on Thursday raised the telecom sector...

Published 23 Jun, 2023 06:00am

Business & Finance

‘Telecom sector faces challenges of dollarised cost structure’

ISLAMABAD: Telecom sector has warned perverse policy of pegging spectrum fees to the dollar pushing the country into...

Published 17 Jun, 2023 06:13am

Business & Finance

Budget: telecom sector expresses disappointment

It is disappointing to see no relief extended to Pakistan’s 195 million telecom users who continue to face the highest telecom taxes in the world, says Jazz CEO

Updated 11 Jun, 2023 08:21am

Business & Finance

Cellular mobile sector: Factors behind slower growth identified

ISLAMABAD: The economic slowdown and increased operational costs have resulted in slower growth of the cellular...

Published 09 Jun, 2023 06:20am

Budget proposals: PM chairs meeting on IT, telecom sectors

ISLAMABAD: Prime Minister Shehbaz Sharif chaired a high-level meeting on budget proposals regarding IT and telecom...

Updated 07 Jun, 2023 09:07am

Sunwalk holds kick-off ceremony in Islamabad: Work on mega fibre optic cable laying project begins

ISLAMABAD: An important project to deploy 16,000km long fibre optic cable has been started in Pakistan to speed up...

Updated 20 May, 2023 08:58am

Business & Finance

Feb-end to Mar-end: Number of 3G and 4G users up 0.69m to 124.85m MoM

ISLAMABAD: The number of 3G and 4G users in Pakistan increased by 0.69 million from 124.16 million by end February ...

Published 04 May, 2023 04:26am

Business & Finance

Aamir calls for healthy and stable telecom sector

ISLAMABAD: Aamir Ibrahim, CEO Jazz and Chairman of the Prime Minister’s IT & Digital Economy Advisory...

Published 28 Apr, 2023 06:08am

Business & Finance

China plans $500mn subsea internet cable to rival US-backed project

SINGAPORE: Chinese state-owned telecom firms are developing a $500 million undersea fiber-optic internet cable...

Published 06 Apr, 2023 05:17pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42
France CAC40 / May 17	8167.50
Tokyo Nikkei / May 20	39197.34

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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