Foreign Direct Investment in telecom sector declines sharply on 3G auction
As the case with other areas of the economic system, things are not easy to deal with for Nawaz Govt in telecommunications industry as well where much needed international immediate economical dedication (FDI) is disappearing on reliable foundation. According to a review, the outgoing financial year of 2012-2013 has knowledgeable a net output of FDI to the level of $ 390.9 million. During July to May, the influx of FDI was documented...
Worldwide PC, tablet and mobile shipment to reach 2.35 billion units in 2013
There will be lesser demand of desktop PCs and even the notebooks in the year 2013 whereas, the number of tablets and smartphones will rise consistently in 2013 and 2014. A latest survey by Gartner says that total shipment of devices will rise in 2013. 2.35 billion Units including (PCs, mobile phones, tablets) are expected to be shipped in the year 2013, a 5.9% increase from 2012. But the major sharing will come from tablets and...
Nokia Asha 501 Smartphone Makes Colourful Sales Debut
Nokia announced that the Nokia Asha 501, the first of a new generation of smartphones to run on the new Asha Platform, will start selling this week in Pakistan. The new device will roll out in subsequent weeks across countries in Europe, the Middle East and Africa, Asia-Pacific and Latin America. TimoToikkanen, executive vice president, Mobile Phones Nokia said: “The new Nokia Asha 501 helps people quickly access everything they love...
Supernet to provide GSM Backhaul via SES
It was announced at CommunicAsia2013 by SES (a world-leading satellite operator with a fleet of 53 geostationary satellites) that it had renewed a multi-year multi-million dollar contract with Supernet (Pakistan’s leading satellite network service provider). As per the contract, Supernet will acquire C-band capacity on the SES NSS-12 satellite at the prime orbital location of 57 degrees East. The capacity of this satellite, combined...
5% Additional Tax on Telecom Services said by Ishaq Dar
Pakistan has declared to enhance the tax rate on telecom services, a industry that is leading the taxed list, by 5 % from 1st July , 2013. According to Mr. Ishaq Dar, the Finance Minister, all telecommunications users will now have to pay 15 % withholding tax, which was formerly resolved at 10 % for last many years. Mr. Dar said that offer has been integrated into the finance bill after evaluation with the involved stakeholders. Mr....
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