FinVolution Launches Daira, a New Lending Platform in Pakistan
Chinese fintech group FinVolution has launched Daira, a new lending platform tailored for the Pakistani market.
Pakistan
Read More
PTCL Reports Strong Financial Results for Q3 2024
PTCL Group’s revenue increased by 15.3% year-on-year, reaching Rs160.6 billion for Q3 2024.
Jazz to Phase Out 3G Services in Pakistan by November 2024, Transitioning to 4G
Jazz is set to phase out its 3G services by November 2024, becoming Pakistan’s first telecom operator to do so. This transition is part of the “4G for All” initiative, aimed at enhancing mobile broadband access and improving communication infrastructure to support digital transformation and economic growth in the country.
MoITT Launches Right of Way One-Window Operation to Boost Fiber Connectivity in Pakistan
The Ministry of Information Technology and Telecommunication (MoITT) has launched the Right of Way One-Window Operation to streamline the process of securing NOCs for telecom operators, accelerating fiber optic network deployment and enhancing transparency. This initiative supports Pakistan’s National Fiberization Vision, improving connectivity across the country.
SBP Deputy Governor Highlights Commitment to Digital Transformation in Banking at IPL-Diebold Nixdorf Anniversary
Saleem Ullah, Deputy Governor of the State Bank of Pakistan, highlighted the SBP’s commitment to supporting digital transformation in the financial sector during a ceremony celebrating the 25-year partnership between Innovative Pvt Ltd and Diebold Nixdorf. This collaboration aims to enhance banking innovation and customer experience in Pakistan.
Pakistan Telecommunication Authority Prepares to Grant License to Starlink for Enhanced Internet Connectivity
The Pakistan Telecommunication Authority (PTA) is preparing to issue a license to Starlink, Elon Musk’s satellite internet venture, to enhance internet connectivity across the country. With the license pending security clearance, Starlink aims to launch its high-speed satellite internet service within the next year, especially benefiting rural areas.
PTCL Secures $400 Million Financing for Telenor Pakistan Acquisition, Boosting Telecom Sector Growth
Pakistan Telecommunication Company Ltd (PTCL) has secured a $400 million deal with an IFC-led consortium for the acquisition of Telenor Pakistan and Orion Towers. This strategic move is set to enhance PTCL’s market presence and contribute significantly to the growth of Pakistan’s telecom sector.
GSMA’s Jeanette Whyte Advocates for Lower Telecom Taxes to Boost Pakistan’s Digital Economy
Jeanette Whyte from GSMA advocates for reducing taxes on smartphones and telecom services in Pakistan to enhance the digital economy. She highlights affordable smartphones as crucial for bridging the digital divide and promoting economic empowerment through broader digital participation.
Pakistan’s IT Exports Reach $3.223 Billion as HBL-P@SHA ICT Awards 2024 Celebrate Industry Innovation
Pakistan’s IT exports hit $3.223 billion in 2023-24, with a government target of reaching $25 billion in five years. The HBL-P@SHA ICT Awards 2024 celebrated innovation in the IT sector, recognizing 33 Gold and 47 Merit Award winners for their contributions to the country’s digital economy.
PTCL Partners with Hamdard University to Enhance Digital Infrastructure for Education
PTCL has partnered with Hamdard University to provide managed ICT and mobility solutions, enhancing digital infrastructure for education. This collaboration, part of the university’s digital transformation, aims to improve operational reliability and service delivery.
