Huawei to highlight new business opportunities at SAMENA Council Leaders’ Summit 2022

SAMENA Telecommunications Council has partnered with Huawei to host this year’s SAMENA Council Leaders’ Summit 2022 for the ninth consecutive year. The annual gathering of Telecoms multi-industry leaders will take place on May 9th, 2022, under the chairmanship of SAMENA, and with the patronage of the UAE’s Telecommunications and Digital Government Regulatory Authority.… Continue

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realme 9 Pro+ – Offering the best-in-segment photography with its Sony IMX766 OIS Sensor

To be successful in mastering any skill it is paramount to have the right tools to do so. Photography is no exception to this rule as your aesthetic sense can only take you so far if the equipment you have is lacking the proper capabilities.… Continue

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Millat Tractors 9MFY22 NPAT reached to PKR4.9bn

Millat Tractors (MTL) has reported a consolidated 3QFY22 NPAT of PKR1.8bn (EPS: PKR21.86), down 5% yoy while up c.5% qoq. This takes 9MFY22 NPAT to PKR4.9bn (EPS: PKR60.84), up 2% yoy. The 3Q result is higher than our expected EPS of PKR18.87, where the variance stems from higher-than-expected gross margins.… Continue

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Easypaisa becomes into ‘Eidipaisa’ to commemorate Eid-Ul-Fitr

Pakistan’s leading digital payments platform, Easypaisa, has once again become Eidipaisa to provide its users with an in-app Eidi feature to commemorate Eid-ul-Fitr this year. Millions of customers of the App will be able to send personalized Eidi to their loved ones across the country in a convenient and secure manner.… Continue

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Jazz invested PKR 14.9 bn during 1Q2022, whereas overall investment crossed $10.2 Bn

Continuing its focus on driving digital inclusion, Jazz invested PKR 14.9 billion under its ‘4G for all’ ambition during the first quarter of 2022, taking its overall investment in Pakistan to US$10.2 billion. 

A majority of its capital expenditure during this quarter was on the addition of approximately 500 new 4G sites, reaching a population coverage of its 4G service to 55.7%.… Continue

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Huawei holds forum on converging technologies to facilitate digital transformation in Industries

During the 19th Huawei Global Analyst Summit, Huawei held a forum titled “Dive into Industrial Digitalization, Creating New Value Together” to address the challenges of digital transformation faced by different industries, such as mining, electric power, port, and highway. Huawei discussed how to innovate ICT infrastructure and integrate digital technologies with industry scenarios, and work with partners to create value for customers and build a prosperous ecosystem.… Continue

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realme 9 Pro+ features an incredibly advanced MediaTek Dimensity 920 5G chipset

Smartphones are the ideal tools available to us in order to navigate life in the modern era. With rampant digitization it is paramount to have a dependable smartphone to steer you through the waves of daily tasks and communication. The integral component contributing to a smartphone’s dependability is the chipset that lies at its core.… Continue

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Zong offers discounted international roaming bundle for Saudi Arabia

Zong 4G, Pakistan’s premier mobile connectivity partner, has launched a discounted Saudi Arabia roaming offer, adding to its industry-leading international roaming offering that includes the majority of nations across all major continents.

Under this special Saudi Arabia international roaming offer, customers will get 35 call minutes and 1GB of data with a validity of 90 days for PKR 999+tax only.… Continue

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Huawei: innovating nonstop for a greener, intelligent world

Huawei kicked off its 19th annual Global Analyst Summit today in Shenzhen. A hybrid event, the summit gathers industry analysts, financial analysts, key opinion leaders, and media representatives from around the world to learn more about future industry trends and Huawei’s development strategy.… Continue

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Infinix donates latest InBook laptops

Infinix, a global brand, has announced their latest campaign to enable underprivileged youth to hone their skills for the fast-paced tech world under ‘Express your Generosity.’ For this CSR initiative in collaboration with SOS Children’s Villages Pakistan, one of the most prominent NGOs working for the welfare of children and youth, Infinix is equipping their new facility with a state-of-the-art computer lab by donating their latest InBook laptops.… Continue

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Indus Motor Company announces an interim cash dividend of Rs26/share

Indus Motor Company (INDU) announced its 3QFY22 financial result, where the company posted earnings of Rs5,118mn (EPS: Rs65.1) compared to Rs3,614mn (EPS: Rs46.0) in the same period last year. The result came in line with our expectations.

This takes 9MFY22 earnings to Rs15,292mn (EPS: Rs194.6), up 82% YoY.… Continue

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Huawei Consumer BG enters the enterprise market with a new lineup of office products

Huawei Consumer BG will now enter the enterprise market officially, serving government and enterprise customers, as well as individual consumers. The announcement was made by Richard Yu, Huawei’s Executive Director, Consumer BG CEO and Intelligent Automotive Solution BU CEO, at the Huawei Business Product Launch Event.… Continue

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realme 9 Pro+ now available across Pakistan

After a bustling week of pre-orders, the realme 9 Pro+ is finally available for purchase starting today, Monday, April 25, 2022. Wrapping up a successful week, the realme 9 Pro+ has seen a 80% sell-through in the time period. Being a true 5G popularizer, realme continues to help people prepare for the arrival of 5G in the country by providing 5G enabled products at economical prices.… Continue

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Pak Suzuki Motor booked a loss of Rs5.6/share in 1QCL2022

Pak Suzuki Motor (PSMC) reported its 1Q2022 result today where the company booked a loss of Rs5.6/share against a profit of Rs9.5/share in the same period last year. The result during the quarter was lower than industry expectations mainly due to higher than expected depletion in gross margin and higher than expected finance cost.… Continue

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‘UPaisa Ramzan Offer’ for donors supporting Pakistani welfare organizations

This Ramzan, UPaisa offers exciting rewards to Ufone 4G prepaid customers for extending financial aid to donation companies and public welfare organizations in Pakistan.

To express gratitude to donors, UPaisa will offer rewards on donations done through the UPaisa application. Ufone 4G prepaid customers are donating Rs.… Continue

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Jazz Digit 4G launches handset to boost internet access for low-income women

To expand the benefits of mobile broadband, especially among low-income segments in Pakistan, Jazz Digit 4G has been recognized as a successful rollout globally by the organization representing mobile network operators, GSMA.

According to the GSMA’s ‘Making internet-enabled phones more affordable in low and middle-income countries’ 2022 Report, affordability is a key barrier for 3.4 billion people living in areas with mobile broadband coverage but not using mobile internet.… Continue

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Earth Day: Jazz to achieve net-zero emissions by 2050

Today, as we celebrate World Earth Day it is essential for us to understand that responding to climate change is not an option anymore, in fact, there is a climate emergency which needs to be addressed. Jazz, Pakistan’s leading telecom, has committed to be a Net Zero Emitter of Carbon by 2050.… Continue

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Indus Motor likely to pay PKR25/share in 3QFY22

We estimate Indus Motor to post PAT of PKR4,234mn (EPS: PKR53.59) compared to PKR PKR3,632mn (EPS: PKR 45.98) in the corresponding period last year, depicting the massive increase of 16%YoY owing to an increase in sales volume by 12%YoY, the previous year sales volume was depressed due to covid-19 pandemic.… Continue

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Zong Sustainability report 2021 highlights transformation of over 10 million lives

Zong, Pakistan’s cellular and digital services frontrunner, has launched its Sustainability Report 2021, highlighting the powerful impact that the company made last year on over 10 million lives across 9 cities of Pakistan through diversified social initiatives.

Staying true to the sustainability commitment, the environmental friendly report was printed on recyclable paper.… Continue

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Avanceon and Octopus Digital – outlook

The management team of Avanceon Limited and Octopus Digital Limited conducted a webinar today, where they shed light on CY21 financials and outlook.

To note, AVN posted PAT of PKR 1.6Bn (EPS: PKR 4.9) as compared to PKR 1.0Bn (EPS: 3.2) in the SPLY (↑53.6% YoY).… Continue

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realme 9 Pro+ Opens for Pre-orders with a rapturous photo exhibition

The realme number series has long been known as the embodiment of realme’s spirit of tech democratization. Constantly raising the bar with each release, realme has started to cement itself in the minds of consumers as a brand that provides good value for money.… Continue

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AI-powered Ericsson Performance Optimizers – top network performance and automation, rolled into one

Ericsson (NASDAQ: ERIC) Performance Optimizers is a suite of AI-powered applications, that analyze the CSPs’ Radio Access Network (RAN) to proactively provide mobile network optimization recommendations and resolve specific network performance issues. Ericsson Performance Optimizers can be deployed to enable a helicopter view of the network as a whole.… Continue

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Indus Motor donates to SIUT

Remaining steadfast to its commitment to the Global Goals, Indus Motor Company (IMC) made a Rs.5 million, donation to the Sindh Institute of Urology and Transplantation (SIUT). The company’s, Chief Executive, Ali Asghar Jamali met with the esteemed Dr. Adibul Hasan Rizvi, founder of SIUT, and presented the cheque to him.… Continue

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ZonglLaunches ‘Apna Shehr Gujrat’ Offer

Zong 4G, Pakistan’s leading cellular and digital services provider, has brought an unmatched call and data deal for Gujrat, as part of its aim to digitally empower Pakistanis across the country.

This new bundle, dubbed the ‘Apna Shehr Gujrat’ offer, will enable Gujrat, Jalal Pur Jattan, and Lala Musa users the freedom to fulfil all of their communications needs for the entire week in a completely hassle-free way.… Continue

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Supernet receives Rs. 659 million bids through book building

Supernet Limited has raised PKR 475 million through book-building at GEM Board of PSX. The process has concluded with an oversubscription of 1.4 times, the Company said on Wednesday. The total bids received are worth PKR 659 million while the strike price clocked in at Rs 22.50.… Continue

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