When Telcordia Technologies, a vendor of back-end software for wireless and fixed-line networks, sold its software to several cellphone companies in Pakistan years ago, “just as it has done in 14 other countries,” it never dreamed that would be a roadblock to future. Today, millions of Indian cellphone would like to use the services of the...
Government of Pakistan expects to receive as much as US$800 million by the end of March in delayed payments from Etisalat over its 2006 purchase of a stake in the country’s largest telecommunications company, reported various national and international papers. Etisalat had agreed to pay the government $2.6bn in instalments for its 26 per cent stake...
We have reported earlier Etisalat, the buyer of Pakistan Telecommunication Company (PTCL), has withheld at least three installments valuing around US one billion dollar for more than a year, due to dispute with Government of Pakistan. Etisalat Holds $799.3 Mln Payments Till Transfer of Properties Etisalat Withholds 3 Installments – GoP May not Facilitate...
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...
Pakistan Telecommunication Authority has issued a show cause notice to Telecard for not complying with the rules by providing incorrect information to authority. Show cause notice said that Telecard did not provide any international incoming traffic details to PTA from October 2007 September 2008; while according to APC rules it is explicitly told that...
Before I start, let me say sorry to those who will get hurt by this post! Earning Money through websites is a hot topic these days. And it is so good that people in Pakistan are realizing the power of Internet. There are very many successful examples around us, very young guys like Saad Hamid and Haris Nadeem, who are earning thousands of dollars a...
Federal Board of Revenue has directed the member Direct Taxes to start recovery of income tax from Pakistan Telecommunication Authority, which values Rs. 9 billion in amount, in response to what FBR had communicated PTA to pay their taxes by August 27, 2008, failing which besides imposition of penalty of u/s 183 additional taxes would also be charged...
Pakistan Package by PTCL is going to see an end by August 31st, 2008. PTCL administration is obviously not in favor of this withdrawal; however PTA has directed the company to abolish the said package by the end of current month in order to maintain a pricing balance amongst market players. Directions came after an appeal by PTCL to the regulator that...
