Islamabad – 30 August 2024: The Board of Directors of Telenor Microfinance Bank (TMB) in its meeting held on August 22, 2024, approved the Bank’s financial results for the half year ended June 30, 2024. TMB has reported exceptional financial performance for the first half of 2024 (H1’24), achieving a profit before tax of PKR…
Staff Report: As per the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile companies have manufactured/assembled 1.61 million units, reflecting a 20% year-on-year decline and a 62% month-on-month decrease in July 2024. The decline in mobile sales in July 2024 is attributed to pre-buying in June 2024 following the announcement of an…
Staff Report: Pakistan has experienced significant growth in its app industry, with a compound annual growth rate of 32% in global downloads of locally-made apps from 2018 to 2023. In 2023, apps developed in Pakistan were downloaded 1.6 billion times worldwide. Google continues to support Pakistan’s gaming and app industry by launching new programs, including…
Staff Report: Mobilink Bank, Pakistan’s leading digital microfinance bank, has partnered with oladoc, a leading digital healthcare platform, to offer its customers a comprehensive 360-degree healthcare solution. With oladoc serving as a brand ambassador, the Bank strives to democratize healthcare by providing 500,000 Mobilink Bank customers with unparalleled access to free, premium medical services.Mobilink Bank…
The government is determined to establish an accelerated digitization ecosystem to drive socio-economic development, expand the knowledge-based economy, and stimulate economic growth. This was stated by the State Minister for IT and Telecommunication, Shaza Fatima, during the inauguration of the 2nd edition of ITCN Asia 2024 on Tuesday. Shaza Fatima highlighted the importance of rapidly…
ISLAMABAD: easypaisa has once again demonstrated its excellence on the international stage, by bagging two silver awards at MADSTARS Korea 2024 in the “Audio Stars” and “Sustainability Development Goals Stars” categories. This recognition comes from its innovative “Audio Nikahnama” campaign, which has garnered widespread acclaim for its impact and creativity nationally and on a global…
Islamabad: In a strategic move to bolster Pakistan’s growing startup ecosystem, Telenor Velocity, Telenor Pakistan’s premier startup accelerator, has forged a powerful alliance with Invest2Innovate (i2i). By combining Telenor Pakistan’s market reach, technological infrastructure, and industry expertise with i2i’s proven track record in nurturing entrepreneurs, this partnership aims to empower startups to scale rapidly and…
Staff Report: Ufone 4G, a leading telecommunications provider in Pakistan, has announced a strategic partnership with South Korean technology giant Samsung to offer smartphones at competitive prices through Ufone 4G’s new sales platform. This collaboration introduces a dedicated webpage where customers can easily access smartphones, voice and data bundles, and other Ufone services. Subscribers will…
Staff Report: The Pakistan Telecommunication Authority (PTA) faced significant criticism during a Senate Standing Committee on Information Technology meeting held on Thursday. The committee, chaired by Senator Palwasha Khan, expressed dissatisfaction with the PTA’s refusal to brief the committee on the persistent issue of internet slowdowns across the country. This refusal fueled tensions, with some…
Islamabad 22nd Aug 2024: Zong, Pakistan’s leading telecom operator brings its seamless and high-speed 4G services in Gilgit Baltistan. Network is live city wide in Gilgit, Hunza and Skardu with further roll out ready for launch. This initiative is Zong’s commitment to provide connectivity across country and provide top-notch affordable 4G services. This initiative aims…