Just recently we wrote on importance of local content generation and its important for broadband and ICT uplift in the country. Now in this conference held yesterday over the on the same topic, and Pakistan Telecommunication Authority (PTA) has said that it will encourage and facilitate local content providers to participate in the ICT based economy...
Women in Pakistan, particularly the rural areas, are one of un-explored and potential areas for telecom operators to extend their sales and ultimately the revenues. A recent research by ‘The charitable foundation’ (founded up by the wife of the UK’s former Prime Minister, Tony Blair) has concluded that woman in a low or middle-income country...
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 Waqas Ejaz Globalization of IT is a complex phenomenon but at the same time it is an undying reality. It neither needs any introduction nor pertains a universal definition. However, the fact of matter is that it actually exists and it has eventually brought us in the historic age of transformation. Nations and regions of the world have been transformed...
The Internet in a very short space of time has become the fundamental foundation of today’s economy. Starting as a research project over three decades ago, it has transformed from an experimental research network into a public economic activity infrastructure that support our economies with over more than a billion people worldwide using it to...
Chairman of Pakistan Telecommunication Authority (PTA), Dr. Mohammed Yaseen has said that broadband services have potential to uplift the socio-economic condition of the country and these can be utilized to enhance the usage of information in different spheres of life. He told this while attending the inauguration ceremony of Connect Conference 2009,...
We have discussed before, how the Government of Pakistan tried to recover their budget deficits from Telecom sector in 2008/09 budget. We had mentioned then that this is a clear misjudgment of the government to heavily rely on a single sector, and this could ultimately return results in negative manner. After almost a year now, this has been proved...
Now days, the most common word in the market is recession and people are curious about recession’s relation with telecom industry’s growth, which is still unaffected, when compared to other industries. Let us review the market dynamics and to conclude recession’s impact on telecom growth. Reduction in purchasing power Need and demand...
As it was anticipated long before, Mobile Phone and other telecom equipment imports declined notably in first half of current financial year. Reportedly, Mobile phone imports declined by 239 million dollars during July-December 2008 due to plenty of reasons, including imposition of taxes in budget(which was as high as Rs. 750 per handset), hiked inflation...
It is a well known fact that we had a splendor time in Pakistan’s banking industry during recent years. We all witnessed the fact that banking sector was the most expanding and growing sector of Pakistan (along with Telecom). First time in the history of Pakistan, consumer products were launched and banks were offering easy and small loans to every...
2008 turned out to be the most devastating year for world’s economy and as per some analysts, 2008 remained as the worst year in terms of economy after “Great Depression” of 1931. Current year’s economic downfall was first sensed in United States when unemployment rate started growing enormously. In one year, unemployment rate broke previous...
In my previous columns, I discussed the advertising industry and its relation with Telecom sector in detail. In this article my focal point will remain the banking sector and few of its ads. But before discussing the current banking situation, I want to overview previous few years regarding finances of Pakistan. In previous regime, I mean Musharraf’s...
Mobilink has signed an agreement with Pakistan Post Office to introduce Mobile Money Order Service in Pakistan. The agreement was signed by Ahsan Basir Sheikh, Additional Director General (Financial Services) from Pakistan Post and Bilal Munir Sheikh, VP Marketing from Mobilink Elaborating on the initiative, Bilal Munir Sheikh, VP Marketing, Mobilink...
Guest post by Naeem Pani Wala When I decided to join advertising industry, 12 years back, I was criticized by many of my close friends. They thought it was a bubbling industry then, which may collapse any time. Even when I was in London for higher studies, the media analysts were not in favor of a media career in a country like Pakistan. Let me straight...
Financial conditions of cellular companies in Pakistan seems to be unstable as most of cellular companies are operating in loss despite significant increment in their revenues over the time; but these revenues are leveled by increased operating expenses, network expansion and depreciation i local currency. Operating expanses of cellular companies have...
