PTCL customers can now pay for Netflix subscription through their monthly broadband bills

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Karachi(Cliff News)Pakistan Telecommunication Company Limited (PTCL) has partnered with Netflix, the world’s leading internet entertainment service. This partnership will enable PTCL customers to easily pay for their Netflix subscription as part of their monthly PTCL broadband bills, eliminating the need to share additional credit card or debit card details.New and existing PTCL customers can avail this service by simply registering at https://www.ptcl.com.pk/netflix.Speaking on this collaboration, Moqeem ul Haque, Chief Commercial Officer, PTCL, said, “Many PTCL customers enjoy the stellar content catalogue of Netflix through our broadband service that offers seamless high speed internet connectivity. This encouraged us to offer them a convenient way to pay for their Netflix subscription through their monthly PTCL bills.”Speaking on the partnership, Tony Zameczkowski, Vice President, Business Development, Asia, Netflix, said, “The growing broadband internet ecosystem in Pakistan is fueling the rise of video consumption in the country. Our association with PTCL enables their customers to seamlessly pay for their Netflix subscription, and enjoy the wide breadth of content from across the world on any internet connected screen.”PTCL provides digital lifestyle to its customers through its vast array of products and services, including international collaborations like Netflix that bring ease and convenience to the subscribers.
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edotco,Jazz partner to drive digital transformation in Pakistan

edotco Jazz release

Islamabad(Cliff News)edotco Group (“edotco”), the leading end-to-end integrated telecommunications infrastructure services company, through its local operations edotco Pakistan Private Limited (edotco PK), has sealed a landmark long-term partnership with Jazz, the country’s leading digital communications company, with a commitment to accelerate the development of telecommunications infrastructure in the nation. Together edotco and Jazz are enhancing Pakistan’s infrastructure and furthering Jazz’s effort to modernize and expand its network nationwide.As part of this partnership, edotco, the largest independent tower company in Pakistan with over 950 towers, will construct new towers in strategic areas to meet Pakistan’s rapidly growing coverage and capacity requirements and acquire a number of existing towers. edotco continues to be a key nation building digital transformation partner for Pakistan, aiming to help the country shape its telecommunications landscape for future 5G-readiness.“Building a digital nation requires the collective investment of various stakeholders within the ecosystem. Our partnership with Jazz today marks a new milestone for Pakistan’s connectivity agenda. We offer our partners a sustainable and optimal model to accelerate their network deployment initiatives by capitalising on our advanced solutions and best in class practices, ensuring that the country has the right infrastructure in place to enhance the nation’s digital readiness,” said Arif Hussain, Country Managing Director, edotco Pakistan.Describing the partnership as strategic for Jazz’s market leadership, Aamir Ibrahim, Chief Executive Officer of Jazz said, “Pakistan’s telecommunication landscape is maturing as the country accelerates its push for digitalization. This transformation will result in Jazz streamlining its network operations and meeting the demands for fast, reliable data, which is essential for a rapidly evolving digital landscape. As the nation’s leading communications company, it is our mission to spearhead Pakistan’s digital agenda through such innovative partnerships”.

PTCL returns to full year Revenue Growth

PTCL Financial results for the year ended - Urdu picture-1

Karachi (Cliff News)Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, hasannounced its financial results for the year ended December 31, 2018, at its Board of Directors’ meeting, held in Islamabad on February 12, 2019.PTCL Group’s revenue for the year2018 has grown YoY by 8% to Rs.126.2 billion as a result of positive contribution by all group companies. PTCL Group’s revenuegrowth in the fourth quarter accelerated to13%YoY. Ufone revenuehas increased by 13% YoY, UBank, a microfinance banking subsidiary of PTCL, has shown significant growth of 64% in its revenue over last year. PTCL Group’s operating profit and net profit for the year have improved by 198% and 32% respectively. Like-for-like, net profit of PTCL Group ishigher by 22% compared to last year.PTCL revenue of Rs. 70.1 billion for the year is 0.7% higher than last year, with quarter 4 showing an accelerated growth of 3.4% YoY. In 2018, PTCL’s revenue has registered YoY growth for the first time since 2014.In 2018, three quarters of PTCL’s revenue base has shown a growth over last year. PTCL’s flagship Fixed Broadband servicesposted revenue growth of 6.5% over 2017. For the 51exchanges fully transformed to date under the network transformation program YoY revenue growth is even higher at 12.4%. Investment in transformation of network exchanges has resulted in enhancing customer experience by reducing network faults by 36% and repeat faults by 50%, along with providing higher bandwidths beyond 100Mbps, bundled with Triple Play services. To further enrich the product and services portfolio, PTCL has partnered with the global OTT players like Netflix, STARZ Play, iflix, etc. PTCL has also been recognized by Brand Finance as the ‘Fastest Growing Brand in Pakistan’.Corporate business continues to perform strongly and has shown significant growth of 13% over last year by signing new customers in Managed Services andCloud Infrastructure Services resulting in 154% and 188% growth respectively in these two segments.Conversion of EVO customers to Charji/LTE have yielded positive results with YoY revenue growth in double digits, however, it has also resulted in higher subscriber acquisition cost as compared to last year. There is continued decline in domestic and international voice revenues due to increase in illegal/grey traffic termination, continued conversion of subscribers to OTT and cellularservices, resulting in declining voice traffic volumes.PTCL’s operating profit for the year islower by 9%, compared to 2017mainly due to increase in operating cost on account of currency devaluation and higher subscriber acquisition cost.Further, non-operating income has also declined due to reduced funds as compared to last year.Net Profit for the year is Rs.7.4 billion which is 11% lowercompared to last year as reported (and8% lower if adjusted for one-offs), driven by lower operating profit and lower non-operating income.In 2018, the financial strength of PTCL was acknowledged through an independent rating exercise as a result of which JCR-VIS has assigned PTCL a long-term rating of AAA which will enhance all stakeholders’ confidence in the long-term sustainability of the Company.This year yet again, PTCL has inducted top 100 young engineers and business graduates under Summit Program 2018 from top institutions and universities across Pakistan, which would help in building future leadership. Thanks to its sustained high growth, Ubank has created more than 650 new positions during 2018, increasing its employee base from 1,321 to 1,980, where 9% of the total workforce comprises of women.The CEO of PTCL, Dr. Daniel Ritz, has decided to leave PTCL for personal reasons upon completion of his 3-year contract on March 1, 2019, in order to re-unite with his family in Europe. The PTCL Board of Directors at its meeting today has appointed Rashid Khan, currently CEO of Ufone, to the post of CEO PTCL effective March 2, 2019, with an additional charge of CEO Ufone.On the occasion, Dr. Ritz said, “It has been a privilege and an honor to lead PTCL and the PTCL Group through a period of significant transformation. I am proud of what we have achieved as a team and the results announced today with PTCL returning to top line growth for the first time after several years of revenue decline are a testimony to this.” The PTCL Board of Directors thanked Dr. Ritz for his exemplary leadership in the past three years and the associated business results. His decision to return to Europe to re-unite with his family is understandable. Hatem Dowidar, CEO Etisalat International, commented, “Daniel has taken the helm of the company at a critical time where he has succeeded in laying the foundation for a future network, providing ultra-fast broadband to many areas with the biggest network modernization of PTCL in its history. Additionally, PTCL under his leadership, became active in Cloud computing, data centres and pushing forward the Digital Pakistan agenda”. Maroof Azfal, Chairman PTCL, added, “On behalf of Government of Pakistan, I would like to thank Daniel sincerely for his personal leadership and achievements in putting PTCL, an important national asset, back on the growth track.

About PTCL:

 Pakistan Telecommunication Company Limited (PTCL) is the largest integrated Information Communication Technology (ICT) Company of Pakistan. With a humble start from a telephone and telegraph department in 1947, it has evolved to offer latest digital and telecommunication technologies today. It acts as the communication backbone for the country with the largest fiber cable network that spans from Khyber to Karachi and submarine cables connecting Pakistan to the world. PTCL has been assigned initial long term entity rating of ‘AAA’ (Triple A) and short term rating of ‘A-1+’ (A-One Plus). 

PTCL signs Fiber Leasing Agreement for 3rd consecutive year with Telenor Pakistan

PTCL Telenor Fiber Leasing Agreement Picture EnglishIslamabad(Cliff News)Pakistan Telecommunications Company Limited (PTCL) and Telenor Pakistan (TP), for the third consecutive year have entered into a fiber leasing agreement, under which PTCL will deliver fiber footprint to Telenor Pakistan.Prior to this agreement, PTCL and Telenor have successfully signed and executed two back to back fiber leasing agreement in 2016 and 2017. This initiative will ensure delivery of quality telecommunication services for the Pakistani market. This arrangement will enable Telenor Pakistan to utilize PTCL’s extensive nationwide fiber optic footprint and its expertise in deploying, operating and maintaining a fiber optic network.Dr. Daniel Ritz, President & CEO, PTCL and Irfan Wahab Khan, CEO, Telenor Pakistan, signed the agreement at a ceremony held at Telenor Campus 345, with top management of both the companies in presence.Dr. Daniel Ritz, President & CEO, PTCL on the occasion said, “We, at PTCL, are pleased to sign yet another Fiber Leasing Agreement with Telenor Pakistan for the 3rd consecutive year. PTCL has served as a backbone in the telecom industry by providing multiple services; thus, contributing to the overall growth of telecommunication sector nationwide. Telenor Pakistan’s partnership with PTCL will help them in expanding their 3G/4G network, which will enable end customers to have connectivity across Pakistan.”“As we are on the fast-track to materializing our digitization goals in Pakistan, our partnership for fiber backhaul and infrastructure sharing with PTCL will supplement our efforts to digitally include more people and provide them access to Telenor Pakistan’s best-in-class data services,” said Irfan Wahab Khan, CEO Telenor Pakistan. “As we intend to significantly strengthen our data network footprint nationwide, and we are pleased to be working with PTCL as our strategic partner for the third consecutive year. PTCL’s extensive infrastructure outreach has helped us reach out to the under-served areas in Pakistan and extend the benefits of communication technology to the masses. To further our mission of empowering the Pakistani society”.This agreement between the two leading market players will go a long way in envisioning a connected and prosperous Pakistan. Ends

 About PTCL: Pakistan Telecommunication Company Limited (PTCL) is the largest integrated Information Communication Technology (ICT) Company of Pakistan. With a humble start from a telephone and telegraph department in 1947, it has evolved to offer latest digital and telecommunication technologies today. It acts as the communication backbone for the country with the largest fiber cable network that spans from Khyber to Karachi and submarine cables connecting Pakistan to the world. For more information, visit www.ptcl.com.pk

About Telenor: Telenor Pakistan is a provider of high quality telecommunication services in Pakistan since 2005. It has over 41 million subscribers, over 2,100 employees and a nationwide network. For more information, please visit: www.telenor.com.pk

 

Momentum 18-The biggest tech and startup begins

Momentum English Picture Release

Karachi(Cliff News)In continuous efforts to serve the economic development of Pakistan and creating new platforms for the budding youth, Momentum holds a two-day grand conference for technological entrepreneurs, on 19th and 20thofFebruary 2018, at Expo Centre, Karachi. The event was inaugurated by Mr. Mohammad Zubair, Governor Sindh.This year, in Momemntum’18, more than 300 startups are participating from all over Pakistan, sharing their ideas and strategies. Around 50 practicing professionals and entrepreneurs areconducting interactive workshops and seminars on successful startups and survival as an entrepreneur in the two-day conference.In line with the importance of startups, for the progression of any economy, Mohammad Zubair, Governor Sindh said, “I congratulate Momentum for empowering the youth of Pakistan through this initiative. Over universities are producing thousands of graduates every year, compared to limited vacancies in the job market. Personal ventures and startups are essential to utilize their abilities in a positive manner. The presence of international tech giants will prove meaningful for the participants. The government is ready to support startups by establishing further incubation centers across Pakistan in a bid to promote peace and a sustainable future.”Renowned veterans from the world of technology will be teaming up to participate in the panel discussions,which aim to enlighten them with the current trends, challenges and solutions for the future of the sector in the country. The panel discussion will feature a set of important topics which include; Identifying the urge and need to invest in Pakistan in absence of exits, how great-women lead and inspire change, and the challenges and opportunities on offer from EdTech.Furthermore the participating startupsavail the exclusive chance of pitchingtheir proposals to around 25 investors and multiple representatives from no less than 20 incubators during the meet and greet sessions.

Asif Jafri, Founding Member of Momentum said, “The IT industry ofPakistan is growing at a fast pace across different categories, though the factor of risk management plays a crucial role, as any new business or startup requires an executable plan. People have innovative ideas but are weak in implementation which strangles their dreams. Over 60% of our population is below 30 years of age, therefore the need of startups is crucial for generating new jobs. Through this platform, we aim to bring together the experienced and inexperienced to lend a helping hand towards the feeble feet of the youth of Pakistan. In a bid to bridge the gap under the theme of changing mindsets”He further added, “The government of Pakistan is also playing its part in promoting startups by exempting them from 3 years of taxes. While National Incubation Centers have been established in Lahore, Islamabad and Peshawar and will very soon launch in Karachi.”The Founder and CEO, Syed Amir Jafri, stated: “The response from the first Momentum Conference has been heartwarming. We received huge appreciation from both the tech fraternity and startups for our efforts. Contrary to the belief that startups only sprout in big cities like Karachi, we have a number of participants joining us from 19 small cities. We are honored to be hosting extremely noteworthy participants from the tech universe, to name a few we haverepresentatives from Google, IBM, Amazon, Facebook and Microsoft. A few of these delegates are visiting Pakistan for the very first time. We hope their presence helps to enlighten and boost the confidence of our youth to continueworking hard with zeal.”Momentum is a global startup community with a designated purpose of educating, inspiring and connecting entrepreneurs across Pakistan, who havedeveloped innovative ideas and worked on disruptive technologies to create a diverse knowledge platform for the economic growth of Pakistan.The startups which present the most innovative and exclusive ideas, during the conference will be rewarded with a foreign based scholarship, along with a grand opportunity to engage with the investors from the global market.

About Momentum

Momentum is a global startup community designed to educate, inspire and connect Pakistani entrepreneurs who work on innovative and disruptive technologies to create the knowledge economy to drive Pakistan’s growth over the coming decade.

 

Jazz Launches first SDN in Pakistan

Islamabad(Cliff News)Jazz, Pakistan’s leading digital company has become the country’s first organization to deploy Software Defined Networking (SDN) on its fixed & LDI network. This state-of-the-art upgrade shall allow the company to improve its service creation, performance, and efficiency. This SDN will enable Jazz to move from current manual node-level working on IP routers to fully automated E2E dynamic adjustments in capacity, priority, routing, resilience, and maintenance related shutdowns. This new SDN brain will accomplish all of this efficiently through an end-to-end high-level visibility created by connecting it to all individual routers. Speaking about the SDN deployment, Khalid Shahzad, CTO – Jazz, said, “Digital transformation is forcing companies to be agile and move with speed, and the network needs to be equally agile and fast. Understanding this, Jazz decided to deploy SDN across its fixed & LDI network to ensure expected growth in traffic flows are managed seamlessly, while new services become easier to deploy.”

About Jazz

Jazz is Pakistan’s largest digital telecommunication company. Serving 53 million subscribers across the country.

4 decades of IT evolution in Pakistan led by Systems Limited

SYSTEMS LOGO (1)Karachi (Cliff News)As the Information-Technology (IT) sector of Pakistan has achieved tremendous success, playing a pivotal role in national progress, over the past four decades. This innovative industry has nurtured innovative and robust enterprises in Pakistan. Among the key players of this dynamic industry, Systems Limited is one exemplary organization, which has specialized in the most advanced technologies, to remain at the forefront, for over forty years now, to earn the stature of Pakistan’s premier technology provider. In a message to all employees, the Chairman of Systems Limited – Aezaz Hussain congratulated his team on the stunning results achieved over the past four decades, with hard work and dedication. He emphasized on the impact of technology-led solutions, developed by Systems. These technologies ensure higher productivity with enhanced information-management, across all sectors of the industry, in Pakistan and other countries around the world. Mr. Hussain underscored the importance of the export of IT services for the company’s growth, and of employee ownership for its sustained success. He also lauded the leadership of Asif Peer, CEO, Systems Limited, whose vision and business acumen has helped the company achieve new heights. Looking ahead, Mr. Hussain stated the importance of maintaining strong technical capabilities and a commitment to innovate. “The base has been set and the future leaders today have the resource strength and financial backing to grow this company manifold,” he said. To symbolize its spirit of innovation and continual reinvention, Systems Limited has marked this occasion by launching a new company logo. With a bold, sharp design, the new logo will improve Systems’ international brand recognition. “Our new logo will enhance Systems’ brand identity in both domestic and international markets,” said Asif Peer, CEO and Managing Director, Systems Limited. “As Systems Limited continues to cement its position as a leader in technology and innovation, this new look will become truly iconic. For the past forty years, products and services bearing the Systems mark have stood for quality, creativity, and value and our new logo will quickly become synonymous with technology solutions of the highest standard.”