PTCL Chock-A-Block

Bidding wars for PTCL came to a close on June 19 with the Emirates Telecommunications Corporation – Etisalat declared the victor. Etisalat’s winning bid was a dazzling 2.598 billion dollars (1.96 dollars per share). Meanwhile runners up China Mobile bid 1.4 billion dollars (1.066 dollars per share) and Singapore’s SingTel bid 1.16 billion dollars (0.88 dollars per share). UAE’s Etisalat now has a 26 percent stake in PTCL with 58 percent voting rights on the board of directors. [click to continue…]

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Intel For Less

Business Recorder reports that the Ministry of IT has negotiated with the computer-chip manufacturing company Intel, to sell computers in Pakistan for approximately 30 percent less than the market price. [click to continue…]

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Reduction In Activation Charges For Mobile Phone Connections

October 31, 2009

The telecom sector received an incentive in the shape of decrease in activation charges for the 2005-2006 budget. The activation charges for the mobile phone connections in Pakistan have been reduced form 1000 rupees to 500 rupees per connection, effective July 1, 2005. However, a 15 percent excise duty has been imposed on the actual [...]

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PASHA Job Fair

October 31, 2009

The Pakistan Software Houses Association (PASHA) held its first job fair on June 2, 2005, in Karachi. According to Jehan Ara, the president of PASHA, the main objectives of the fair were to create a link between the IT industry and the academic sector and to correct the perception that there are no jobs available [...]

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Privitisation and Bad PTCL Connections In Pakistan

October 31, 2009

The plans to privatise PTCL and the ensuing PTCL workers’ strike took many dramatic turns. Five hundred workers were detained and 29 fired for threatening property damage. Meanwhile, up to 20,000 telephone lines were disrupted in the south-western and eastern parts of the Punjab. At the time of going to press, a tentative settlement had [...]

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