ISLAMABAD ( ABRAR MUSTAFA ) Stock values of telecom companies listed on Karachi Stock Exchange have drifted lower after the news of withdrawal of International Clearing House surfaced early morning today. Both Telecard and PTCL topped the stock market for volume of trading with record decrement in face values ofRead More →
ISLAMABAD ( BMZ REPORT ) The Chairman, Competition Commission of Pakistan (CCP), Dr. Joseph Wilson, has welcomed the Government’s decision to withdraw the controversial International Clearing House (ICH) agreement. ICH Agreement, which came into force in September 2011, created a cartel of all 14 Long Distance & International (LDI) operatorsRead More →
ISLAMABAD ( ABRAR MUSTAFA ) After successful introduction of Next Generation Mobile Services in Pakistan through a transparent auction process, Ministry of IT has taken another major policy initiative to encourage and promote competition amongst telecom service providers in spirit of the De-regulation Policy. Ministry of Information Technology has issuedRead More →
ISLAMABAD ( BMZ REPORT ) “Minister for IT & Tecom Mrs. Anusha Rahman has said that Telephone Industry of Pakistan needs instant revitalization, Minister of State for IT & T was chairing a review meeting of Telephone Industry of Pakistan (TI). Federal Secretary IT, Mr.Azmat Ali Rangha, Joint Secretary IT Dr.JamalRead More →
ISLAMABAD ( MEDIA ) Chairman Pakistan Telecommunication Authority (PTA) Dr Ismail Shah said that the regulator had purchased software to evaluate quality of services being provided on account of 3G and 4G in the country. “We will ensure quality of services on account of 3G and 4G in the country,”Read More →
ISLAMABAD ( MEDIA ) Demanding the status of industry for the telecom sector, the cellular companies has asked the government to withdraw increased rate of Customs duty on imported machinery and abolish collection of registration on activation of phone sets introduced in the Finance Bill 2014-15. “If the government didRead More →
ISLAMABAD ( BMZ REPORT ) Pakistan Telecommunication Authority (PTA) and Federal Investigation Agency (FIA) jointly conducted successful raid in Jhelum and lala Musa and confiscated illegal gateway exchange. Illegal voice termination activity was detected and raid was conducted after investigations. Illegal Voice over Internet Protocol (VoIP) exchange comprising 16 ports,Read More →
KARACHI ( MEDIA ) In a move that is likely to slow down, if not delay, the countrywide rollout of mobile broadband, the Finance Bill 2014 proposes to nullify the Statutory Regulatory Order 575(I)/2006, which facilitates import of telecom equipment on reduced duties as opposed to the standard customs tariffs.Read More →
ISLAMABAD ( MEDIA ) The government has introduced procedural amendments in tax laws through the Finance Bill 2014 to improve tax compliance. Official documents show the government has exempted from income tax the receipt of Pakistan Telecommunication Authority’s (PTA) income regarding the sale of spectrum licences. The News reported. An amendmentRead More →
ISLAMABAD (MEDIA) Government of Pakistan has made all possible efforts to recover $800 million from Etisalat against the partial sale of PTCL in 2005-06, but all attempts, incentives or even threats remained unfruitful. The government is struggling for this badly needed $800 million for over five years now, but EtisalatRead More →
ISLAMABAD ( BMZ REPORT ) For a way forward for infrastructure development of Information Technology and Telecom in under-served and un-served areas of AJK and GB, the State Minister for IT Mrs. Anusha Rahman Khan called on the Federal Minister for Kashmir Affairs and Gilgit Baltistan Ch. Muhammad Barjees Tahir. The State MinisterRead More →
ISLAMABAD ( ABRAR MUSTAFA ) President Mamnoon Hussain has said that there exists huge potential for investment and profitable business ventures in the telecom sector of the country especially the manufacturing of 3G/4G compatible mobile handsets in wake of new opportunities created after the successful launch of these services inRead More →