Broadband

Govt Utilizing USF/ R&D Money For Budgetary Expenses

Pakistan Muslim League (N) has been utilizing contribution of telecom and broadband operators for meeting its budgetary expenses since the transferring of Rs 67.6 billion into central bank last year last year.SBP The SBP confirmed in its quarterly report “The State of Pakistan’s Economy” that government transferred Rs67.6 billion of Universal Service Fund (USF) and National ICT R&D Fund in central bank under its control. The impact of USF and R&D Fund alone was 0.3 percent of GDP, it noted. These funds have been declined as non-taxes revenues and maintained on on-off basis from different accounts to government’s control account at SBP. SBP further said that USF and R&DF have been mobilized with an objective to finance expansion of the IT and cellular infrastructure in the country; utilization of these funds for other budgetary purposes may defeat this objective. Last year, the government transferred Rs 50 billion of these two…

Wateen, Qubee Decide To Merge Their Broadband Operations

Wateen and Qubee have decided to re-energize the wireless broadband market with planned investments of more than US$25 million for the improvement and expansion in coverage of the combined network of both companies. “Abu Dhabi Group (the majority shareholder of Wateen Telecom) and New Silk Route Private Equity (PE) Asia Fund (the ultimate majority shareholder of Augere/Qubee), agreed to combine their wireless broadband businesses in Pakistan. The agreement will see Wateen and Qubee forming the second largest broadband service provider in Pakistan, with over 200,000 subscribers. The network upgrade will make it a best in class high speed broadband network with the phased upgrade to 4G LTE (Long Term Evolution) technology that will contribute to a broadband revolution in Pakistan and significantly enhance its position in the new digital economy. The new business also intends to make investments available to introduce innovative value added services and devices to improve broadband…

Intel & Wateen present an internet access program

Intel Pakistan and Wateen Telecom have joined hands to offer internet access program to local consumers in Pakistan in order to make internet more accessible and affordable for all new subscribers. Under this offer, a consumer purchasing an Intel processors-based PC, will get a free Wateen Wimax Broadband connection, enabling consumers to enjoy speedier internet connectivity with their new PC’s. Consumers can save up to six thousand rupees by utilizing this special program available for the first time in Pakistan. Naveed Siraj, Country Manager, Intel Pakistan said, “Offering connected PC’s to local consumers in Pakistan is a revolutionary step, which will not only transform the traditional concept of internet connectivity via separate broadband devices, but this will also help to enhance the adoption of modern computer-based technologies and the internet. Similar to other emerging economies, Intel Pakistan‘s partnership with Wateen is part of our ongoing efforts to develop a more…

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