Internet

Pakistan, the Next Frontier for Entrepreneurs and Investors

The internet industry in Pakistan is currently at an extremely exciting point, and the outlook for local entrepreneurs and venture capitalists is strong in the mid to long run. Being the sixth largest country in the world in terms of population, Pakistan has an ever-expanding internet base which currently stands at 22 million users, with eight million now on Facebook.Pakistans-Internet-Industry-2013 Telecom Recorder With such a wide array of currently undeveloped markets to compete in, the need for online stores will only increase over the course of time. When one further considers the high cost of establishing a traditional brick-and-mortar store, one realizes the advantages online entrepreneurs are privy to. The Internet industry dynamics have also changed quite dramatically in recent times with 2012 being a possible turning point for rapid growth. As a result of heavy investment in the arena by three major players – the largest courier company in…

Cellcos in Tragedy: Govt Gets Activated To Realize High Values 3G and 4G Licenses

Cellular phone companies have expressed surprise and resentment over the government shocking announcement for auction of licenses separately for 3G and 4G technology, their exorbitantly higher base prices and full upfront payment along with interest on installments.PTAlookingat3Gtechnologythroughrosetintedglasses_5697 The government’s move for the auction of license for next generation technology have surprised cellular operators because the telecom regulator have kept stating that license should be technology natural allowing operators whether they choose 3G and 4G. The number of license which have been earlier believed to be four have been increased to five. It means all existing operators–Mobilink, Telenor, Ufone, Zong and Warid– will be pushed for participation in bidding process or the fifth license has introduced to enter new operator into Pakistani market. The companies are perplexed with new strategy of the government and flexing their muscles to discuss mutually what is best for their interest to set a proposal for…

Users Beware: Facebook Spreading Heinous Crimes in Society, FIA says

Facebook is becoming a criminals’ network in Pakistan unfortunately with increasing number of incidents reported including blackmailing, fraud and financial scams, which is evident as 163 complaints have been received in the year 2013 alone by Federal Investigative Agency (Cyber Crime Unit). The accused criminals involved in anti-social activities are not others but close relatives and friends of victims in most of the cases that also cause hindrance in taking legal action against culprit because affected people are reluctant to lodge case in police station or at FIA for avoiding defame within circles of family and friends. Many young girls and boys are becoming victim of these crimes due to carelessness and over romantic attitude, this was stated by Asim Iftikhar Additional Director Federal Investigation Agency in an interview to Telecom Recorder. Majority of the culprits hook up victims through Facebook and blackmail them to share their fabricated or real…

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