A new report by Frontier Economics has warned that Pakistan’s 37% tax burden on mobile services ranks among the highest in the world and is severely restricting digital expansion. The study argued that excessive taxation is limiting mobile affordability, reducing smartphone adoption, and slowing economic digitisation across the country. Released in Islamabad during an event […]
Pakistan telecom
PTA urges users to update CNICs to avoid SIM blockage
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has issued an important advisory urging mobile users to keep their Computerized National Identity Cards (CNICs) updated to ensure uninterrupted cellular services. Read More: PTA enforces mandatory SIM registration for users In a statement shared on social media, the authority emphasized that maintaining valid and updated identity records is essential […]
PTA to hold second phase of 5G spectrum positioning auction
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) is set to conduct the second phase of the 5G spectrum auction tomorrow, focusing on determining the positioning of frequency bands already purchased by telecom operators. Read More: Pakistan secures $507 million in historic 5G spectrum auction This phase will cover the 2600 MHz and 3500 MHz spectrum bands and […]
JazzWorld seals record Rs75bn interest rate swap with UBL
JazzWorld has completed Pakistan’s largest interest rate swap (IRS) transaction, securing Rs75 billion in financing with United Bank Ltd (UBL). The deal enables JazzWorld to hedge a significant portion of its debt against interest rate volatility, marking a milestone in the country’s financial markets. Read More: Jazz remains at the forefront of accelerating Pakistan’s digital […]