Tag: fiscal year
The mobile handsets import in July-March 2011 reached Rs 33.549 billion, according to the figures released by Federal Board of Statistics (FBS). The import stood at Rs 18.061 billion in the corresponding period previous fiscal year, showing a tremendous growth of 85 percent in the third quarter of current fiscal year. In terms of dollar, the imports of handsets swelled to $392.028 million during July to March that signifies huge spending of Pakistan’s nation on mobile handsets every month at the cost of foreign exchange loss.
Pakistan Telecommunication Co Ltd today reported a net profit of 2.08 billion rupees ($24.22 million) in the quarter ending Sept. 30. The same period last year saw a net profit of 2.57 billion rupees.
PTCL shares were trading 0.47 percent lower at 19.09 rupees, in a broader market KSE.
The National Assembly’s Public Accounts Committee (PAC) on Monday demanded audit of secret funds of intelligence agencies, remarking that the secretive organisations were more interested in political manoeuvering than safeguarding national interests.
Decline Investment in The Telecom Sector During 2008-09, Total of $1.6bn Investment By All Operators
Land line one of oldest communication mode in the country’s telecom industry. It has witness a decline of over 1.1m subscribers compared to previous year, said the Pakistan Economic Survey 2009-10. During the current year, the country lost more than one million landline subscribers reaching at 3.4 million at the end of December 2009 as [...]