Telecom revenues rise to Rs. 694 Billion in 2022: PTA
The telecom sector’s outstanding progress has resulted in a record-high revenue of Rs. 694 billion generated in the Financial Year 2021-2022 said the annual report of PTA. Pakistan Telecommunication Authority (PTA) Annual Report 2022 released here Wednesday, said that the telecom, sector attracted an investment of US$ 2,073 million during the same period and contributed…
Adil Aziz
IT Ministry finalises draft of Telecom Airwaves Spectrum Re-farming Framework
The Ministry of Information Technology and Telecommunication (MoITT) has finalized the draft of the first-ever Telecom Airwaves Spectrum Re-farming Framework (TASRF). “Telecommunication is glad to finalize the framework on spectrum refarming which is first of its kind prepared with recommendations from Pakistan Telecommunication Authority (PTA), Pakistan Electronic Media Regulatory Authority (PEMRA), Frequency Allocation Board (FAB) and industry stakeholders…
19.7 Million mobile phones, smart devices manufactured locally in last year
Pakistan’s local mobile industry witnessed remarkable growth as the companies have manufactured around 19.7 million mobile phones and smart devices during the last calendar year, especially after the government introduced a Mobile Manufacturing Policy to encourage local production. “Due to increased local manufacturing, the import of mobile and smartphone devices has decreased from 10.26 million…
Twitter hacked, 200 million user email addresses leaked: researcher
HACKERS stole the email addresses of more than 200 million Twitter users and posted them on an online hacking forum, a security researcher said on Wednesday. The breach “will unfortunately lead to a lot of hacking, targeted phishing and doxxing,” Alon Gal, co-founder of Israeli cybersecurity-monitoring firm Hudson Rock, wrote on LinkedIn. He called it…
PSX hosts Gong Ceremony to Mark the Acquisition of Cloudways by DigitalOcean
Pakistan Stock Exchange (PSX) welcomed the Rt. Hon. Lord Aamer Sarfraz of Kensington who is a Senior Advisor to several NYSE listed technological firms including DigitalOcean Holdings Inc., Mr. Yancey Spruill CEO DigitalOcean and Mr. Aaqib Gadit who is the Founder of Cloudways with a Gong Ceremony to celebrate acquisition of Cloudways by DigitalOcean Holdings…
Foreign companies welcome to invest in country’s fast-growing IT sector: President
President Dr Arif Alvi said that Digital Transformation was at the heart of country’s vision to create a conducive environment for technology development and growth. The president, talking to a delegation of DigitalOcean, led by its CEO Yancy Spruill, who called on him, said the conducive environment would include inviting and facilitating foreign investment in…
IPhone city is back at 90% capacity after Covid turmoil subsides
FOXCONN Technology Group has brought the world’s largest iPhone plant to about 90 per cent of anticipated peak capacity, suggesting Apple’s biggest main production partner has secured enough workers despite a Covid resurgence and recent staff upheaval. Foxconn’s plant in the central Chinese city of Zhengzhou is now operating with roughly 200,000 staff, the official Henan…
Huawei Says It Is Out of ‘Crisis Mode’ as Annual Revenue Stabilized
Chairman says U.S. restrictions are ‘new normal’ and company is ‘back to business as usual’ as telecom business sees growth Huawei Technologies Co. said it has exited “crisis mode” following punishing U.S. restrictions, as it reported growth in its telecom-infrastructure business and flat overall revenue for 2022. “U.S. restrictions are now our new normal, and…
Government releases Rs 4.21Billion for IT project
The government has released funds amounting to Rs 4.21 billion to execute Information Technology related projects during the first four months of the current fiscal year under the Public Sector Development Programme (PSDP 2022-23). The government has authorized the utilization of development funds amounting to Rs 4,211.21 million out of a total allocation of 5,731.70…
Limited Twitter outage rattles users
THOUSANDS of Twitter users reported an outage on Wednesday, according to tracking sites Downdetector.com and Netblocks, but the issue appeared to be resolving, with error messages and missing tweets reappearing. At the peak of the outage, at about 0035 GMT, DownDetector said more than 10,000 people reported problems with the platform, which is now owned…