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.
