Category: IT & Telecom

Explore IT and Telecom stories with Pakistan Revenue, your go-to source for the latest updates on Pakistan’s technology and telecom sector. Stay ahead with real-time industry insights and economic developments.

  • Ericsson strengthens network services portfolio

    Ericsson strengthens network services portfolio

    KARACHI:  Ericsson has strengthened its network services portfolio with the Intelligent Deployment solution – an agile, digital, and modular suite of tools and services that enable communications service providers to roll out, expand, and upgrade networks based on their specific needs and those of their customers, a statement said on Wednesday.

    With technology advancing rapidly, networks are becoming more complex and diverse. This places an increasing demand for a network deployment best suited to the needs of service providers, with a quick return on investments and future proof.

    With this in mind, Ericsson has redesigned network rollout for the 5G age with Intelligent Deployment. As the building block for optimum network life cycle management, it connects network design, installation, integration, acceptance, maintenance, and services evolution.

    The solution comprises enablers such as artificial intelligence (AI), automation, and a data-driven cloud-based architecture that support different functionalities service providers can use such as Intelligent Site Engineering, Intelligent Integration, and Remote Access.

    Intelligent Deployment will deliver the right network at the right time and use network data for continuous development and improvement. Data-driven and digitalized processes allow service providers to make network management decisions quicker and more effectively to meet market and user expectations. The integration of AI will ensure the evolution of the network with the changing times.

    Nello Califano, Head of Strategy and Portfolio Management, Ericsson Business Area Networks, says: “With our Intelligent Deployment solution, we are vastly improving the way we deploy networks, making it more agile, flexible, and responsive to customer needs. This means we can deliver parts of our portfolio to service providers based on their specific requirements. We use extensive data insights to offer new services as well as pre-empt problems when introducing intelligent monitoring of the network even after the end of deployment. By investing more in our network services, we create better solutions for our customers.”

    The solution includes outcome-based (buying professional services), subscription-based (buying access to standalone capabilities or to the entire offering), or a mix of both as and when needed for the entire intelligent deployment process or specifically for network deployment services.

    This enables service providers to secure higher accuracy, transparency, and cost-efficiency from site survey to acceptance, more flexibility change management, and faster time to market.

    Intelligent Deployment is built on trust and data integrity, affording service providers an end-to-end information process, guiding the workflow at every stage of their services. At the same time, it will ensure the security and safety of data, providing user-friendly solutions and adopting any legal restrictions of the country where they operate.

    In the UK, Vodafone is using Ericsson’s Intelligent Deployment solutions to speed up network upgrades. Drones and Lidar-based 3D technology are collecting high-definition imagery and data across 70 sites to deliver more digitalized and efficient network deployment.

  • Mobilink Bank, Universal Motors sign financing deal

    Mobilink Bank, Universal Motors sign financing deal

    KARACHI: Mobilink Microfinance Bank Limited (MMBL) has signed a Memorandum of Understanding (MoU) with Universal Motors (Private) Limited for financing motor vehicles.

    The collaboration will facilitate MMBL Borrowers by allowing them to finance commercial vehicles from Universal Motors through subsidized offerings, according to a statement issued on Monday.

    President & CEO MMBL, Ghazanfar Azzam, and Adil Noman, CEO Universal Motors signed the MoU in Islamabad with senior officials from both organizations in presence.

    The collaboration will usher in fast-track and priority financing for MMBL borrowers to attain commercial vehicles from Universal Motors for starting or expanding their business operations, under convenient terms.

    Following the MoU, MMBL customers will get fast product delivery Turnaround Times (TAT), in addition to the provision of 1S/2S/3S dealership or retailer services by Universal Motors, near MMBL branches across the country to extend after-sale services for borrowers.

    Creating further ease for borrowers, the vehicles will be delivered at MMBL branch cities with Universal Motors sharing the registration costs, and offering vehicle delivery from Karachi to the destination city at subsidized transportation rates.

    Sharing his thoughts at the signing ceremony, President and CEO MMBL, Ghazanfar Azzam said,” MMBL’s expansive product portfolio has witnessed a significant growth trajectory over the past few years with the introduction of more and more customer-centric products that are aimed at facilitating maximum convenience for empowering our borrowers in true sense.

    “This collaboration with Universal Motors will further solidify our aim of promoting hassle-free attainment of commercial vehicles, for business use, which will substantially be backed by quality after-sales services.”

    Adil Noman, CEO Universal Motors said, “Our collaboration with MMBL will help us target low-income groups that need financing for our sturdy and dependable JMC commercial vehicles. Universal Motors is introducing special financial incentives and logistical support to fully facilitate MMBL borrowers.

    “We are hopeful that our collaboration with MMBL will drive our shared ambition of supplementing the economic development of Pakistan.”

  • ITMinds, InfraZamin sign pact for back-office services

    ITMinds, InfraZamin sign pact for back-office services

    KARACHI: InfraZamin Pakistan Limited (InfraZamin) and ITMinds Limited (ITMinds), a wholly-owned subsidiary of Central Depository Company of Pakistan Limited (CDCPL), have signed an agreement enabling ITMinds to provide Back Office Accounting Services to InfraZamin.

    The agreement was signed by Ms. Maheen Rahman CEO-InfraZamin, and Iqleem-uz-Zaman Khan CEO-ITMinds in the presence of Badiuddin Akber Director-ITMinds and CEO-CDCPL, Waqas Ashraf CFO- ITMinds, Khusro Iqbal Mumtaz Chief Risk Officer-InfraZamin and other management team members from both sides.

    InfraZamin is licensed to act as an investment finance company and is an initiative by the Private Infrastructure Development Group (PIDG), including PIDG group companies InfraCo Asia Investments (InfraCo Asia) and GuarantCo Limited (GuarantCo), in partnership with non-profit Karandaaz Pakistan (Karandaaz) to establish a for-profit, credit enhancement facility for raising infrastructure-related debt in Pakistan.

    Commenting on the occasion, Ms. Maheen Rahman CEO InfraZamin, said that we look forward to working with IT Minds under this arrangement which will enable the InfraZamin team to focus on our core business function of credit guarantees.

    Also commenting on the occasion, Badiuddin Akber, Director ITMinds & CEO-CDCPL, said that considering this is an era of specialization, we have commissioned  ITMinds with an aim to enable asset management companies, investment finance companies, and other organizations to outsource their back-office functions to a competent and reliable BPO partner, thus relieving them to focus on their core businesses for their commercial success while achieving efficiency, scalability & transparency of processes.

  • Tax rates on usage of phone, internet for 2021-2022

    Tax rates on usage of phone, internet for 2021-2022

    The Federal Board of Revenue (FBR) has announced the updated rates of withholding tax on the usage of telephone and internet services for the fiscal year 2021-2022.

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  • Pakistan produces 12.27mn mobile phones in 7 months

    Pakistan produces 12.27mn mobile phones in 7 months

    ISLAMABAD: The number of locally manufactured mobile phones in Pakistan has surpassed 12 million during seven months (January – July) of 2021.

    The local manufacturing of mobile phones has crossed the number of imported mobile phones in the same months of 2021.

    A statement issued by the Pakistan Telecommunication Authority (PTA) on Thursday regarding local production of mobile phones.

    It said the production of mobile phones by local manufacturing plants was 12.27 million and the number of imported mobile phones was recorded at 8.29 million.

    “This trend reflects a positive uptake on PTA’s Mobile Device Manufacturing (MDM) Authorization regulatory regime whereby local manufacturing within the first year of regime introduction has resulted in production of 12.27 million phones in a short span of seven months including 4.87 million 4G smart phones.”

    The PTA said that successful implementation of Device Identification Registration and Blocking System (DRIBS) along with conducive government policies, including mobile manufacturing policy, has created a favorable environment for mobile manufacturing in Pakistan.

    “It has also contributed positively to the mobile ecosystem of Pakistan by eliminating counterfeit device market providing a level playing field for commercial entities and has created trust amongst consumers due to the formulation of standardized legal channels for all sort of device import.”

    The PTA said that the government had introduced a comprehensive mobile manufacturing policy to encourage and attract manufacturers to establish their units in Pakistan.

    The telecom authority in light of the policy issued Mobile Device Manufacturing (MDM) Regulations on January 28, 2021. “Till now, 26 companies have been issued MDM authorization enabling them to manufacture mobile devices in Pakistan.”

    The companies include renowned brands e.g. Samsung, Nokia, Oppo, TECNO, Infinix, Vgotel, Q-mobile etc.

  • Engro enhances telecom investment to Rs21.5 billion

    Engro enhances telecom investment to Rs21.5 billion

    KARACHI: Engro Corporation has announced to enhance its total equity investment in the telecom infrastructure vertical to Rs21.5 billion.

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  • IPS, Inovatian-Asia sign MoU for capacity building

    IPS, Inovatian-Asia sign MoU for capacity building

    ISLAMABAD: the Institute of Policy Studies (IPS), Islamabad and Inovatian-Asia (Private) Limited have signed an agreement to carry out joint capacity building programs.

    Inovatian-Asia (Private) Limited, a sister concern of international technology firm Inovatian Inc. with offices in Canada, UK, USA and Egypt, which was founded by renowned scientist and innovator Dr Hatim Zaghoul.

    Zaghloul is known for his inventions, along with his friend Dr Michel Fattouche, of WiFi, WiMax and LTE’s WOFDM and the complex randomization of CDMA2000 and MCDSSS protocols widely used in telecom sector across the world.

    The company also specialized in 6G telephony solutions, cyber security, and data solutions.

    Naufil Shahrukh, general manager operations of IPS, and Farzana Yaqoob, CEO, Inovatian-Asia signed the MoU during the ceremony.

    Khalid Rahman, chairman, IPS, Kashif Siddiqui, director, Inovatian-Asia, Professor Dr Adeel Akram, department of telecommunications, University of Engineering & Technology (UET), Taxila, Shafaq Sarfraz, manager outreach and IPS-LEAD (Learning, Excellence, and Development Program), and other officials of both the organizations were also present.

    The MoU aims to foster cooperation between the two organizations to carry out joint capacity-building programs, disseminate research and analysis, foster dialogue among scholars, experts, scientists, and policymakers, and develop indigenous, state-of-the-art ICT (Information and Communication Technology) resources and solutions in Pakistan and the Muslim world.

  • Pakistan exports mobile phones to UAE

    Pakistan exports mobile phones to UAE

    ISLAMABAD: A consignment of around 5,500 mobile phones carrying tag ‘manufactured in Pakistan’ has been exported the United Arab Emirates (UAE), a statement said.

    The statement issued by the Pakistan Telecommunication Authority (PTA) said that its authorization holder Inovi Telecom has started exporting smart phones to other countries.

    The first consignment of 5500 units of 4G smart phones carrying ‘Manufactured in Pakistan’ tag has been exported to UAE.

    PTA congratulates the company for this landmark achievement. This is the result of concerted efforts for the development of mobile device manufacturing ecosystem in the country.

    The successful implementation of Device Identification Registration and Blocking System (DIRBS) and enabling government policies including the Mobile Manufacturing Policy have created a favorable environment for mobile device manufacturing in Pakistan.

    As a part of this policy, Inovi Telecom Pvt. Ltd was issued mobile manufacturing authorization by PTA on April 9, 2021. Within 4 months, the company has managed to achieve exporting.

  • Telenor gets contract for providing broadband services

    Telenor gets contract for providing broadband services

    ISLAMABAD: Telenor Pakistan has been awarded contract worth Rs555 million for providing mobile broadband services in various districts of Khyber Pakhtunkhwa.

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  • Tarin assures support for e-commerce industry growth

    Tarin assures support for e-commerce industry growth

    ISLAMABAD: Finance Minister Shaukat Tarin on Thursday reaffirmed the government’s strong commitment to the expansion and facilitation of the e-Commerce sector in Pakistan, viewing it as a key driver of future economic growth and digital transformation.

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