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We deliver timely news, in-depth analysis, and data-driven insights on Pakistan’s economy, energy, finance, technology, and markets.
Telenor Velocity and Invest2Innovate Collaborate to Transform Pakistan’s Startup Landscape
By NewzTodays Editorial Team | August 23, 2024
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…
Ufone Partners with Samsung to Offer Smartphones at Competitive Prices
By NewzTodays Editorial Team | August 23, 2024
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…
Senate Panel Criticizes PTA for Snubbing Internet Issues Briefing
By NewzTodays Editorial Team | August 22, 2024
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…
Zong Introduces High Speed network Connectivity
By NewzTodays Editorial Team | August 22, 2024
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…
Internet Service to Normalize on August 27: Chairman PTA
By NewzTodays Editorial Team | August 21, 2024
Staff Report:Chairman Pakistan Telecommunication Authority (PTA) has admitted installation of firewall and said that internet disruption would be addressed on August 27. During a briefing to the National Assembly Standing Committee on Information Technology and Telecommunication, Major General (R) Hafeez Ur Rehman, Chairman of the Pakistan Telecommunication Authority (PTA), disclosed that recent internet disruptions in…
Pakistan’s IT exports reach $286m in first month of current fiscal year
By NewzTodays Editorial Team | August 21, 2024
ISLAMABAD: Pakistan’s IT exports hit $286 million in the first month of the current fiscal year. The IT industry represented 46% of the total exports for the initial month of the financial year. This rise in IT exports can be attributed to the increase in the special foreign currency account limit for exporters, which was…
CCP Engages All Stakeholders & Regulators in PTCL-Telenor Merger
By NewzTodays Editorial Team | August 20, 2024
ISLAMABAD: The Competition Commission of Pakistan (CCP) is currently conducting an in-depth Phase II Merger analysis in response to the proposed merger between Pakistan Telecommunication Company Limited (PTCL) and Telenor Pakistan (Private) Limited (Telenor).CCP is providing key stakeholders an opportunity to present their concerns of potential impact of the merger on Pakistan’s telecom market.PTCL Secures…
ICT exports remittances surges to US$286 million in July
By NewzTodays Editorial Team | August 19, 2024
ISLAMABAD: ICT exports remittances reached US$286 million in the first month of Financial Year 2024-25 (July). ICT exports increased 33.64% over the US$214 million remitted during corresponding period last year FY2023-24 (July), said Minister of State for IT and Telecommunication Shaza Fatima Khawaja.CM Punjab approves expansion of revenue authority to 12 new districts She said…
British institutions invited to invest in Nawaz Sharif IT City
By NewzTodays Editorial Team | August 18, 2024
ISLAMABAD: Pakistan and the United Kingdom have decided to leverage their combined expertise to tackle the challenges of climate change. This agreement was made during a meeting in Murree between Punjab Chief Minister Maryam Nawaz, British High Commissioner Jane Marriott, and PML-N President Nawaz Sharif.Maersk to Invest $2 Billion in Pakistan’s Port and Transport Infrastructure…
Google for Startups to Launch AI Academy
By NewzTodays Editorial Team | August 18, 2024
ISLAMABAD: Google for Startups has announced the introduction of an ‘AI Academy’ to advance the field of Artificial Intelligence in Pakistan and the Asia-Pacific region. The creation of the ‘AI Academy’ marks the first milestone of the Google Chrome Book initiative, with plans for additional similar projects to follow.Minister lauds BYD’s commitment to modern technology…