Trends - USF - Business Recorder

USF

Upgrading of mobile networks: Curbs on LCs causing hurdles in import of equipment: minister

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque has said that the limited facility of...

Published 18 Jan, 2023 06:22am

LCs issue: CMOs likely to get force majeure for new projects

ISLAMABAD: The government is likely to grant force majeure to cellular mobile operators (CMOs) for 10 new...

Updated 17 Jan, 2023 08:55am

Expansion of telecom services: USF spends Rs 124 billion on implementation of 130 projects

ISLAMABAD: The Universal Service Fund (USF) has spent around Rs124 billion so far to implement 130 projects across...

Updated 08 Jan, 2023 10:18am

Business & Finance

Power sector circular debt: MoITT demands Finance Division return Rs61.2bn borrowed from USF in 2013

ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has demanded the Finance Division to...

Published 31 Dec, 2022 07:36am

Pakistan

USF okays Rs21bn contracts for underserved areas

ISLAMABAD: The Universal Service Fund (USF) Board approved award of 10 contracts worth approximately Rs21 billion ...

Published 25 Sep, 2022 06:01am

USF and Ignite: Telecom operators seek suspension of their contribution for two years

Proposal aimed at partially mitigating digital emergency triggered by exponential increase in cost of doing business

Updated 12 Aug, 2022 09:41am

Pakistan

USF approves award worth eight contracts of Rs10bn

ISLAMABAD: The Universal Service Fund (USF) Board approved the award of eight contracts worth over Rs 10 billion to...

Published 11 Jun, 2022 06:08am

Technology

With favourable policies, Pakistan's IT exports can rise to $15 billion in 3 years: minister

Pakistan’s Minister for IT and Telecommunication Syed Amin-ul-Haque said the country's IT-sector exports can...

Published 02 Jun, 2022 11:37pm

Telecom industry attracts $6.1bn FDI in less than 4 years

ISLAMABAD: The telecommunication industry attracted foreign direct investment of $6.1 billion during July 1, 2018, ...

Updated 18 May, 2022 10:20am

Pakistan

Govt planning to revise legal, institutional framework of USF

ISLAMABAD: The government is planning to revise the legal and institutional framework of Universal Service Fund...

Published 14 Dec, 2021 06:40am

Pakistan

IT ministry launches Rs11.5bn projects to facilitate 4.4m people

ISLAMABAD: The Universal Service Fund (USF) Board approved 10 projects worth approximately Rs 11.5 billion to ...

Published 13 Dec, 2021 06:45am

Pakistan

USF facing problems in Balochistan, erstwhile FATA

ISLAMABAD: The Universal Service Fund (USF) is facing security issues in some areas of erstwhile FATA and ...

Published 01 Dec, 2021 03:52am

Pakistan

Un-served and under-served areas of Sindh, Punjab: USF approves 4 projects to provide high-speed internet services

ISLAMABAD: The Universal Service Fund (USF) Board approved four projects worth around Rs 993 million to provide...

Published 21 Sep, 2021 04:10am

Technology

4G services in Chaghi, Nushki districts: Telenor awarded contract worth around Rs1.36bn

ISLAMABAD: The Universal Service Fund (USF) awarded contract worth around Rs1.36 billion to Telenor for providing...

Updated 16 Sep, 2021 11:56am

Technology

USF, PTCL sign contract: Pakistan should join digital development process: president

KARACHI: President Dr. Arif Alvi on Monday said Pakistan should join the light-pace journey of digital development...

Published 13 Jul, 2021 03:22am

Pakistan

Unserved, underserved areas: USF Board approves four projects worth Rs2.14bn for Punjab, KP

ISLAMABAD: The Universal Service Fund (USF) Board, on Monday, approved four projects worth Rs 2.14 billion to ...

Published 15 Jun, 2021 03:30am

Pakistan

Jazz collaborates with USF for 4G services

KARACHI: Jazz, Pakistan’s number one 4G operator and the largest internet and broadband service provider, has...

Published 25 May, 2021 04:40am

Technology

Kech district: Ufone gets contract to provide broadband services

ISLAMABAD: The Universal Service Fund (USF) Friday awarded a contract worth Rs 2.07 billion to the Ufone cellular...

Published 03 Apr, 2021 03:41am

Technology

USF awards Rs 2.07bn contract to Ufone, for providing High Speed Mobile Broadband

The Ministry of IT and Telecommunication through USF has contracted various development projects worth approximately PKR 7 Billion to provide High-Speed Mobile Broadband services in districts of Chagai, Noshki, Bolan, Mastung, Panjgur, Gwadar, Ziarat, Jaffarabad and Pishin.

Published 02 Apr, 2021 04:58pm

High speed mobile broadband services: USF approves 9 projects worth Rs8.15bn

ISLAMABAD: The Universal Service Fund (USF) Board approved 09 projects worth around Rs8.15 billion to provide high...

Published 20 Mar, 2021 04:39am

Pakistan

KP’s three districts: USF awards contract to Telenor for high-speed broadband services

ISLAMABAD: The Universal Service Fund (USF) on Wednesday awarded contract worth around Rs 1.37 billion to Telenor ...

Updated 11 Feb, 2021 09:35am

Technology

Telenor to provide High Speed Mobile Broadband services in KP

Meanwhile, CEO USF, Haaris Mahmood Chaudhary said: “This project will benefit an unserved population of 0.7 Million in 648 unserved mauzas, thereby covering an unserved area of 18,212 sq. km. of Chitral, Upper Dir and Lower Dir districts.”

Published 10 Feb, 2021 03:31pm

Pakistan

Ministry drafts ‘National Broadband Policy-2021’

ISLAMABAD: The Ministry of Information Technology and Telecommunication has drafted “National Broadband...

Published 08 Feb, 2021 03:46am

Pakistan

Online content development: Ministry, WB to launch $200m project: minister

ISLAMABAD: The Ministry of Federal Education and Professional Training is going to launch a project of $200 million...

Published 04 Feb, 2021 04:13am

Technology

USF awards Rs254mn Contract to Jazz

“This project will benefit an unserved population of 0.34 Million in 263 unserved mauzas, thereby covering an unserved area of 4,002 sq.km. of Jhelum and Chakwal districts.”

Published 26 Jan, 2021 10:26am

Business & Finance

USF awards contracts to Zong 4G for providing network coverage in remote areas

The contracts were signed by Haaris Mahmood Chaudhary, CEO, USF with Wang Hua, Chairman and CEO, Zong 4G.

Updated 06 Nov, 2020 09:12pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Feb 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 5 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 5 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 5 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 5 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 5 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Feb 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 5 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 5 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 5 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 5 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 5 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Volume
Hub Power Co. / Feb 5 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.00
Cnergyico PK / Feb 5 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.00
Dewan Motors / Feb 5 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.00
Gul Ahmed / Feb 5 Gul Ahmed Textile Mills Limited(GATM)	4,995,028 ▼ 0.00
WorldCall Telecom / Feb 5 Worldcall Telecom Limited(WTL)	4,832,816 ▼ 0.00
TRG Pak Ltd / Feb 5 TRG Pakistan Limited(TRG)	4,574,299 ▼ 0.00
Lotte Chemical / Feb 5 Lotte Chemical Pakistan Limited(LOTCHEM)	3,805,565 ▼ 0.00
K-Electric Ltd. / Feb 5 K-Electric Limited(KEL)	3,686,127 ▼ 0.00
Pak Petroleum / Feb 5 Pakistan Petroleum Limited(PPL)	3,499,066 ▼ 0.00
Nishat Chun.Pow. / Feb 5 Nishat Chunian Power Limited(NCPL)	3,492,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 3	277.17
USD PKR Interbank Buying / Feb 3	278.67
USD to Japanese Yen / Feb 3	131.19
USD to Swiss Franc / Feb 3	0.93
Pound Sterling to USD / Feb 3	1.21
Euro to USD / Feb 3	1.08
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 3	4136.48
India Sensex / Feb 3	60841.88
Tokyo Nikkei / Feb 3	27509.46
Nasdaq / Feb 3	12006.96
Hang Seng / Feb 3	21660.47
FTSE 100 / Feb 3	7901.80
Dow Jones / Feb 3	33926.01
Germany DAX 30 / Feb 3	15546.43
France CAC40 / Feb 3	7233.94

Item	Value
Crude Oil USD/Barrel / Feb 3	73.39
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Gold Spot USD/Ounce / Feb 3	1864.97
Cotton US¢/pound / Feb 3	85.43

USF

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