One of Ufone’s data center, located in Islamabad caught fire Sunday evening, around 5 PM. We are told that fire has resulted into fatal destruction of infrastructure, equipment and the building, causing damage to company's VAS services.
Etisalat will likely withhold its fifth payment in a row, due on March 31st, 2010, to the Pakistani Government for the acquisition of a 26 per cent in Pakistan Telecom (PTCL) as a dispute over the transfer of properties to PTCL remains unresolved, reported Gulf News, quoting Mohammad Omran, Chairman Etisalat.
Cellular companies have agreed upon long awaited tower sharing concept. All cellular companies have agreed to make tower sharing mandatory, if new BTS deployment is in 100 meter radius of any existing site in urban areas or with-in 500 meter radius in rural areas.
The Pakistan Telecommunication Authority (PTA) and the Information Technology & Telecom ministry have developed differences over the Mobile Virtual Network Operators’ license fee, reported Dawn Newspaper
Terming low ARPU as the main cause for not getting high returns and sizeable growth, Jon Eddy Abdullah, Telenor Pakistan’s Chief Executive, urged telecom companies in Pakistan merging/acquiring, even before the launch of 3G in the country.
Mobilink posted decreased YoY revenues in 2009 by 12.3 percent in USD, however it remained stable in local currency with 0.7 percent decrease. EBITDA for Mobilink decreased by 9.2% in local currency vs a decrease of 22% in US dollars.
Chairman Pakistan Telecommunication Authority (PTA), Muhammad Yaseen, has said that the mobile banking regulatory framework would be introduced soon to facilitate the un-traditional banking in the country.
Public Accounts Committee of the National Assembly has directed Federal Board of Revenue (FBR) to lodge First Investigation Report (FIR) against Directors of 4 telecom companies within 48 hours for stealing tax worth Rs. 320 million in fiscal year of 2006-07.
Do you own a Website that targets Pakistani traffic? Here is a good read that discusses about why Pakistani websites earn 32 times lesser than of a website of same size authored for US traffic. This article also discusses the need of Ecommerce Gateway for boost of economy.
Forbes Magazine has released list for 2010's top billionaires in the world, where Business Tycoon Mian Mohammad Mansha has made his slot in the list, first Pakistani to achieve the glory.
Warid Telecom has announced that its Board of Directors have appointed Mr. Muneer Farooqui as company’s new CEO. Prior to the appointment he served as CEO of Warid Bangladesh.
Moazzam Ali Khan, Head of Public Relation, Ufone, has won best APNS public relation Officer award for the year 2005-06. Ufone did the best in terms of Relations with media and customers during the mentioned period, said APNS
The Pakistan Telecommunication Authority’s (PTA) latest statistics show a decline of 2.17 million users in the overall sector, which reduced the teledensity of the country by 1.4 percent to 58.20 percent by the end of January 2010.
Orascom Telecom, parent organization of Mobilink, is reportedly in talks to acquire a microfinance bank in Pakistan to enter the financial business and strengthen its appearance in the country.
