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IT/Telecom

Telecom explosion opens new business avenues

  Mobile banking becomes fastest growing payment channel It is because of telecom explosion that opened new concepts of business expansion especially in the financial sector as today the fastest growing payment channel in the country is Mobile Banking. According to official sources the number of transactions increased by 170.7% compared with that in the same period last year. Presently, there are around 1.5 million registered users of Mobile Banking …

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Pakistan provides ample opportunities for investment in telecom

  With more than 180 million population and 132.33 million cellular mobile subscribers, Pakistan’s telecom sector offers huge opportunities for international and domestic investors. Foreign telecom firms have important presence in the country. These firms are fruitfully doing business in Pakistan. The telecom sector has attracted considerable foreign investment after the deregulation. During FY06 to FY12, Pakistan’s telecom sector attracted more than US$12 billion of investments including $6 billion foreign …

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Intel Pakistan keeps building solid educational foundation

  The company is firm in improving the it skills of Pakistani students and teachers Intel continues to play a critical role in establishing a solid educational foundation within Pakistan by preparing students with the skills required to succeed in today’s knowledge based economy. The Intel Education Initiative in Pakistan is playing a key role in strengthening education through ICT in the remote areas of Pakistan by helping schools and …

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Information technology and education

  There are two contrary opinions about Pakistanis being Information technology savvy: 1) Pakistan has reasonable percentage of technology savvy people and 2) the level of IT education is far from satisfactory. Some experts say both the opinions are valid and it depends on the segment of population anyone is trying to explore. However, the split between urban and rural areas continue to have impacts. They say a lot depends …

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Deployment of technology in financial sector

  In Pakistan banks were the first to deploy technology as they had funds and also wanted to enhance their footprint. On top of that it was growing pressure of the corporate sector to make banking more efficient. Banks went for mainframe computers and soon also started processing bills of utility companies. After a while utilities installed their own systems. However, the real revolution came with the advent of personal …

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Immense scope for e-commerce growth in Pakistan

  With a population of around 200 million individuals, Pakistan has the potential to become next major Internet market in terms of number of connected people in the next coming few years. According to one estimate, 9 percent of the country’s population goes online during last year while another 30 percent are likely to get connected to Internet in next three to five years. The trend to use Internet has …

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Telecom brings a breakthrough in financial sector

  Ufone-Meezan Bank takes initiative for first Islamic branchless banking in the country It is quite evident that the conventional approach of bricks and mortar branches will never adequately serve the millions of un-banked masses in Pakistan unless the strategy of financial inclusion is supported by the telecom sector in Pakistan. Being an agriculture country with over 68 percent of the total population is rural-based in Pakistan, the conventional banking …

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Pakistan — A highly competitive telecom market

  Smartphones trade reached peak and set to grow further Pakistan with a market of about 200 million people continues to allure foreign firms to invest in the country’s telecom market, which has the footmarks of strategic investors such as Orascom, Etisalat, Telenor, Abu Dhabi Group’s Warid Telecom and Canada’s Nortel Networks and China’s telecom giants — ZTE Corporation and China Mobile. Pakistan has the highest mobile penetration rate in …

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Telecom future in Balochistan

  With the current growing pace of telecommunication, the telecom sector of our country has witnessed a spectacular growth in the recent past. This advancement and growth in the sector is also having positive impact on the underdeveloped economy and most backward society of Balochistan, which despite least developed province of the country, enjoying satisfactory growth level of telecom consumers and the quality of telecom services provided to them are …

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Free wi-fi facility on metro buses in Rawalpindi-Islamabad highly popular

  Where does a bus ride offer a free Wi-Fi service in Pakistan? On the Rawalpindi-Islamabad Metro Bus with speeds of up to 36 Mbps provided through the Charji device. With over 18 million Internet users across the country, according to a study, it is evident that ‘Wireless Internet’ known as ‘Wi-Fi’, has become one of the most basic necessities of life for many Pakistanis. A major portion of Wi-Fi …

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