Auctions Spectrum in Dollars, Says PTA Chief; Hopes Over 50% Sale in Upcoming Auction

ISLAMABAD: Chairman of the Pakistan Telecommunication Authority (PTA) said on Wednesday that spectrum auctions are not conducted in U.S. dollars in any country, noting that Pakistan’s previous auctions were dollar-denominated — a move that created financial strain for telecom operators amid currency depreciation. “Past auctions were held in dollars, andContinue Reading

Pakistan’s ICT Export Remittances Surge Nearly 20% to $2.61bn in 7MFY26

Pakistan’s information and communication technology (ICT) export remittances rose 19.78% to $2.61 billion during the first seven months (July–January) of FY2025-26, compared with $2.18 billion in the corresponding period last fiscal year, reflecting continued momentum in the country’s digital services sector. On a year-on-year basis, ICT services exports climbed toContinue Reading

“P@SHA Pledges Support as Government Launches $1bn AI Development Plan

The Pakistan Software Houses Association (P@SHA) has officially endorsed the federal government’s comprehensive strategic framework for artificial intelligence, cementing the IT industry’s commitment to the structural digital transformation outlined at the inaugural Indus AI Summit 2026. Ms. Sahaza Fatima Khawaja, Federal Minister for IT & Telecom (MoITT), attended the HBLContinue Reading