This is no mystery that a website with Pakistani traffic earns in pennies as compared to hundreds of dollars for website with US or western traffic. When compared the numbers of visitors and revenues for several Pakistan targeted websites and similarly the ones with US traffic (can’t reveal the names, owners asked for anonymity), we came to a conclusion...
Guest post by Hassan Baig who runs Islamabad based Facebook development start-up called White Rabbits. After the introduction of Facebook’s Open Platform in late 2007, the social gaming industry has become hot with hundreds of millions of dollars poured in by venture capitalists. Moreover since 2007, several large Facebook gaming companies have...
Mobile telecoms is a sellers’ market and Orascom Telecom is interested in any asset for sale, in any geography, its Executive Chairman Naguib Sawiris said. “If you ask me what are you interested in, I would tell you any mobile asset regardless of the geography,” Sawiris told Reuters at the Mobile World Congress in Barcelona. Orascom...
State Bank of Pakistan has reported that net foreign investment fell by 34.4 per cent to $1.466 billion during July-January against $2.234 billion in the same period last year, reported the media. As per reports, State Bank said that this fall in FDI is observed in almost every domain, including telecom, financial, cement, oil and gas exploration and...
By Dr. Kamal A. Munir It has been four years now since a 26 per cent stake in Pakistan Telecommunication Company Limited (PTCL) was sold to Etisalat through privatisation. On June 18, 2005 the United Arab Emirates (UAE)-based company, offering 2.6 billion dollars, beat China Mobile’s 1.4-billion-dollar and SingTel’s 1.2-billion-dollar bids for...
Dr Muhammad Yaseen, Chairman, Pakistan Telecommunication Authority (PTA), has said the broadband sector in Pakistan is showing a positive trend towards growth and we are looking ahead for more foreign investment in this sector. Talking to the media at an event the other day, he said the innovative wireless system had become successful, however, the...
Orascom Telecom may seek an opportunity of owning a bank in Pakistan, reported Total Telecom, citing Naguib Sawiris, Executive Chairman, Orascom. “We wanted to buy a bank in Pakistan, but we didn’t succeed because our price came second. We are continuing and we might replace this bank by getting a microfinance license. This license will...
Wateen has decided to go for Initial Public Offering (IPO) within next eight to ten weeks, revealed Tariq Malik, Chief Executive Officer (CEO) Wateen Telecom, while addressing the employees of the organization. The meeting was shown live on the next generation network already installed by Wateen’s team across the country. “Wateen is here to stay...
When we talk about outsourcing, Reliability is the first keyword that pops up. But how would you define, scope and measure this factor when considering different options for outsourcing. When we go for it dig out the factors, lay down the reasons it becomes a long list and has certain specifics tagging different reasons to different areas and regions. But...
Etisalat has not paid three installments to Government of Pakistan against PTCL’s 26 percent shares, due to its differences with Government, told us sources familiar with the issue. In connection to this scenario, National Assembly Standing Committee on Information Technology & Telecommunications held an emergency meeting today to discuss the...
China Mobile will largely electrify its mobile towers (BTS) with cellular energy, in order to meet energy requirements in the country, said Wang Jianzhou, Chief Executive, China Mobile Communication Corporation, parent company of China Mobile Pakistan, to a group of Pakistani journalists (from electronic media). It may be recalled that Huawei has already...
President Asif Ali Zardari called for the setting up of a Telecom University, a telecom research and development center and a plant to manufacture and assemble mobile handsets in the country. He said that the government will provide land for the Telecom Varsity in Haripur where the nucleus of telecom training facilities already existed and also offer...
Shah Kamal, a resident of Kharochhan, 150 kilometer south of Karachi has derived a way to produce electricity, initially for his own home and then for 100 homes of his small island. Earlier this island had no electricity supply, and fishermen felt that Government of Pakistan is not well placed to provide electricity – hence, they took the initiative...
Producing technology, developing new products, new services and breakthrough ideas is definitely part of the innovation process but it can’t be of any use without coordinated marketing thrust. Somehow, there has been significant rhetoric around promoting and marketing Pakistani IT products and ITeS offerings but there has never been any news or...
Todate, Pakistan Software Export Board PSEB has converted nine possibly suitable public and private sector buildings into IT parks across the country by investing in telecom and related infrastructure. PSEB has now announced the opening of a Software IT Park in Lahore where PSEB converted Shaheen Complex in to an IT enabled office space. According to...
