Illustration by Radia Durrani
There is a tone that many of us experienced growing up. A wave of white noise familiar to those who have lived through the dial-up internet era. We remember hearing it when trying to go online using internet cards. And we also remember hearing it if we accidentally picked up the landline phone while someone else at home was online this would usually result in the internet getting disconnected and was, often, followed by some yelling.
If we go back further, even having a home landline was a rarity. At a press conference during the early 2000s, Former Finance Minister Abdul Hafeez Sheikh narrated an incident that took place at a wedding ceremony he was attending. He recalled that, at the wedding, there was suddenly some commotion and the family started congratulating one another. Sheikh assumed that the
ISLAMABAD: The government has received Rs3.1 billion on account of license renewal fees from three mobile operators Telenor Pakistan, Jazz and Ufone for operating in Jammu and Kashmir and Gilgit.
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The local assembly of mobile phones is increasing in Pakistan, but what perturbs the industry experts is that an overwhelming majority of these is 2G only handsets. These handsets, according to them, deprive owners of a better life experience and are a hurdle in universal digitalisation. Besides, they think, 3G technology must also be done away with for being obsolete and focus shall be on 4G rollout in real terms.
The local assembly of mobile phones is increasing in Pakistan, but what perturbs the industry experts is that an overwhelming majority of these is 2G only handsets. These handsets, according to them, deprive owners of a better life experience and are a hurdle in universal digitalisation. Besides, they think, 3G technology must also be done away with for being obsolete and focus shall be on 4G rollout in real terms.
10 VC Funds Ready to Invest in Pakistan’s Digital Landscape
In order to boost digital transformation in Pakistan and to facilitate investors and protect their capital with tax incentives for ten years, the government has amended foreign exchange regulations for special technology zones.
These changed regulations aim to boost investment and promote digital transformation, and a billion-dollar fund was in the works for the same purpose, reported Arab News quoting Special Technology Zones Authority Chairman, Amer Hashmi, at the event “Connecting Pakistan: COVID-19 Lessons for Digital Policy” – organized by the policy think tank, Tabadlabb, in Islamabad.
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He said, “We have gotten ten venture capital funds now finally ready to come to Pakistan,” adding that “The state may think about going fifty-fifty with them, and create the first billion-dollar fund.”