The Overseas Investors Chamber of Commerce has reaffirmed its commitment to developing Pakistan’s IT and telecom sectors at the Tech Festival ITCN Asia. The event emphasized collaboration among government, private sector, and academic institutions, with forecasts suggesting IT exports may grow from $10 billion to $18 billion by 2028.
Bangladesh’s telecom operators lost 3.65 million mobile subscribers and 2.2 million internet users during the July-August uprising, according to the BTRC. The largest losses were seen by Banglalink and Robi Axiata. The reasons behind the significant drop in subscribers remain unclear.
The Competition Commission of Pakistan (CCP) successfully recovered a Rs5 million penalty from Wateen Telecom after a prolonged legal battle. The penalty stemmed from an exclusive agreement between Wateen Telecom and DHA Lahore, which violated the Competition Act, 2010. The recovery was made under the CCP’s authority to enforce penalties on non-compliant entities.
The government has approved Ncell’s request to pay its license renewal fee in four annual installments of Rs5 billion each, with interest applied to the second, third, and fourth installments. This decision comes despite legal concerns raised by the Office of the Attorney General, which advised against the installment option.
