Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its financial results for the first quarter ended March 31, 2020.
PTCL GROUP The company has reported a consolidated loss of Rs. 406.72 million as compared to a profit of Rs. 1.99 billion in the same period last year.
PTCL Group’s revenue of Rs 31.8 Billion in Q1 2020 was lower by 5% as compared to Rs. 33.53 billion recorded in the same period of last year.
Overall PTCL’s operating profit and bottom line have deteriorated over last year due to rupee devaluation, increase in interest rates, higher power tariffs and the effects of COVID-19 pandemic.
According to a company’s statement, when normalized for the impact of certain regulatory changes, the revenue is 3% higher than Q1 2019 on a like-for-like basis.
UBank, a microfinance banking subsidiary of PTCL, continued its growth momentum and has achieved a 44% growth in its quarterly revenue over last year.
PTCL ..
Category: Ufone
PIA to Increase Special Flights to Evacuate Pakistanis Stranded Abroad
Pakistan International Airlines (PIA) is going to expand its relief operations to repatriate stranded Pakistanis from abroad due to the coronavirus pandemic.
The decision was taken after PALPA called off its strike and more PIA pilots decided to volunteer for the special flight operations to evacuate people stuck abroad.
PIA administration has issued directives in this regard, asking expatriates willing to return to approach the national airline.
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PAF Comes to Help PIA to Bring Back Pakistanis Stranded Abroad
Following the development, the national flag carrier issued a revised flight schedule, according to which a flight will take off tomorrow to repatriate Pakistani citizens from Denmark.
Three relief flights will be operated on April 11 to bring back hundreds of stranded Pakistanis from Malaysia, Azerbaijan, and Singapore. Over 170 people have been stranded in Kuala Lampur for nearly three weeks. The flight will fly in the diplomatic staff from Malaysia and Singapore…
Microsoft Adds 2 Factor Authentication to Teams After Zoom Debacle
As a result of Coronavirus-induced lockdown, schools, colleges, universities, and workplaces around the world are being forced to work/teach remotely. Consequently, remote working software are being put to the test as the use of collaboration apps, and video conferencing tools have spiked during last month.
Microsoft teams is one of them. Initially, thanks to the sudden rise in its userbase, the platform had to face major service outages. As the number of users keeps increasing, the tech giant, in its attempt to offer uninterrupted services, has introduced several new features in an update.
The new features are:
Interoperability: users will be able to make calls and send messages from Teams to Skype and vice versa. Virtual meetings: people will be allowed to change backgrounds while on virtual meetings similar to what Teams competitor Zoom offers. Chatting: the update brings along a multi-window feature, which will allow everyone to use separate windows for each chat. Members per te..
These Are the Best and the Worst Teams & Players at Using the DRS
Umpire Decision Review System (DRS) has been a useful addition to cricket which allows the match officials to use technology to assist in their decision-making.
It is now a routine part of the game and surprisingly, Pakistan is the most successful team in terms of reviews in Test cricket since October 2017. Pakistan’s review retention rate is also the best among all other teams. England comes second while the West Indies is the 3rd most successful team.
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Pakistan Breaks the Greatest Team Record in T20I History
Here’s the overall list:
Team Reviews Success % Retained % Pakistan 104 34.6 57.7 England 176 32.4 45.5 West Indies 99 30.3 45.5 Bangladesh 70 30.0 44.3 New Zealand 88 28.4 48.9 India 148 27.0 48.6 Australia 128 26.6 41.4 South Africa 118 25.4 44.1 Sri Lanka 163 23.3 44.2 Out of the 104 reviews by Pakistan until now, the success rate has been almost 35% with 57% of the reviews retained. For those who don’t know, reviews are retained if a decision is upheld on umpire..
Facebook is Investing $100 Million in the News Industry
With the ongoing pandemic, high-quality and accurate news reporting is imperative. However, the pandemic has prompted a sharp decline in the advertising spend since the companies are slashing marketing budgets amidst financial uncertainty.
Approximately 70% of total buyers have already adjusted their plans. This fall in revenue comes at a time when accurate and precise journalism is needed more than ever.
Hence, Facebook, on top of the $300 million it dedicated to news programs, partnerships, and content at the beginning of 2019, has pledged to invest $100 million in the news industry.
Out of this amount, $25 million will be provided in grant funding for local news via the Facebook journalism project. The remaining $75 million will be sent in the form of ‘additional marketing spend’ to the worldwide organizations.
In a press release, Facebook stated:
If people needed more proof that local journalism is a vital public service, they’re getting it now.
The social media platform is t..
Affordable Honor 30S Launched With Quad Cameras & Flagship Specifications
Huawei’s subsidiary Honor has announced the Honor 30S 5G in China and from the looks of it, it is a budget friendly substitute to the Huawei P40. The smartphone is an upper mid-range device that uses the company’s Kirin 820 chipset and can be placed just below the P40 series.
Design and Display Design wise, the smartphone looks a lot like the recently launched Huawei P40 series. It has a similar camera housing. However, the rear side of the smartphone comes with a “butterfly 3D glass” paint job, like its predecessor.
More and more OEMs have switched to side mounted fingerprint sensors instead of rear mounted ones, Honor has also opted to follow that trend. Honor 30S is available in four colors: Black, Blue, Green, and a new Feather Red gradient model.
The smartphone is built around a 6.5-inch LCD punch-hole display with 2400 × 1080 pixels resolution and HDR10 certification.
Internals and Storage Internally, the smartphone is powered by the new 7nm Kirin 820 processor that offers th..
Azhar Ali Challenges Sarfraz, Babar & Others to Try and Beat Him [Video]
Coronavirus pandemic has forced everyone to stay at home as the countries across the globe are enforcing partial or total lockdown to prevent its spread.
With no cricket going on, the cricketers have also found a way to keep themselves busy. Pakistan’s Test captain, Azhar Ali, has started the new push-up sit through challenge. Here’s how it started;
The 35-year-old has challenged his national teammates including Babar Azam, Shan Masood, Asad Shafiq, Wahab Riaz, and Sarfaraz Ahmed. He has also challenged his Somerset teammates Tom Abell, Peter Trego, and Tom Banton to post videos of themselves doing the challenge.
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Grant Elliot and Fakhr e Alam have also been nominated to do at least 5 push-ups.
Azhar’s video had a very important message for us all as well. It is to keep ourselves sanitized to reduce the chances of contracting coronavirus.
What are your thoughts on the challenge? Let us know in t..
Wasim Akram Rates This Pakistani Batsman Over Sehwag in Test Matches
Only a few can match the mastery of Virender Sehwag as an opening batsman in Test cricket. Even David Warner, the Australian with a similar style to the Indian, credits Sehwag for emboldening him to take on the opposition from the start.
However, Wasim Akram rates another batsman over Sehwag who forever changed the meaning of opening in Test matches.
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Rizwan Lashes Out at Captain Imad For Ruining His Chances of Selection
Heaping praises over former Pakistan all-rounder, Shahid Afridi, Akram said it was Afridi who encouraged opening batsmen to play freely from the start.
In Test cricket, Sehwag came later. But, in 1999-2000, Shahid Afridi changed the mindset of opening in Test cricket. Even if I was the bowler I would know that I can get him out but also know that he can hit me for boundaries. He used to hit lose deliveries for sixes at will.
While Afridi made his debut as an opener in Test against Australia in 1998, Wasim Akram revealed that Afridi originally wasn’t a pa..
Samsung Launches The Affordable Galaxy M11 With a 5,000 mAh Battery
The Samsung Galaxy M11 has just arrived as an update to last year’s Galaxy M10 with a few design changes and upgrade to specifications as well. The new Galaxy M11 has a punch-hole display, an additional camera at the back, and a much bigger battery for an affordable price tag.
Design and Display The Galaxy M11 has a 6.4-inch LCD with HD+ resolution, 19:9 aspect ratio, and minimal bezels all around except the thick chin. There is now a punch-hole cutout for the front-facing camera instead of the waterdrop notch we saw last year on the Galaxy M10.
There is now also a triple camera setup at the back of the device, an LED flash beside it, and a fingerprint sensor as well.
Internals and Storage Samsung’s UAE website where the phone was originally spotted does not mention the device’s chipset but does reveal a 1.8Ghz octa-core processor alongside 4GB RAM and 64GB internal storage. The storage can be expanded further via a micro SD card.
Although there is no official word on the chipset, ..
Boxer Amir Khan Steps Up to Help Pakistan Govt & People
Star boxer, Amir Khan, has stepped forward in the fight against coronavirus in Pakistan. He has donated a hefty amount of Rs 40 million for the poor segment of the society.
In recent days, a number of celebrities and charities have come forward to distribute ration bags and other necessary items for the poor who do not have any source of income amid the ongoing lockdown.
Amir Khan Foundation will make sure to distribute ration and other necessary things among the poor. I want to help the government of Pakistan as they assist the patients affected by coronavirus.
The British-Pakistani has also offered his boxing academy in Islamabad to the government for use as a quarantine facility in these difficult times.
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Earlier, Khan had also offered his 4-story 60,000 square feet building in the United Kingdom to the NHS. He did it following the reports of shortages of hospital beds for patients in the country due t..
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