Warid secures pledged investment for 4G

STAFF REPORT ISB: Pakistani operator Warid Telecom has pledged a network investment of $470 million during the next five years aimed at upgrading its current 2.5G network to 4G.
Commenting on the five-year investment – which began at the start of the operator’s financial year in July – Warid’s CFO Tariq Gulzar said: "Over the last 2-3 years, when we were going through the MandA process, we were a little dormant, we were holding back on those investments which we’re now going

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PIEAS secures first position in Pakistan in QS ranking

STAFF REPORT ISB: Pakistan Institute of Engineering and Applied Sciences (PIEAS) has been ranked 1st in Pakistan and 106th in Asian Universities in the Quacquarelli Symonds (QS) ranking of 2014. The QS is an established authority on global provider of specialist higher education and careers information and solutions since 1990. It is the first time that any Pakistani university has reached this position.
PIEAS, competing for the first time in the QS Asian rankings, scored highest

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FAST secures l and mark achievement

STAFF REPORT LHR: The FAST, Lahore, in collaboration with different universities of India, Sri Lanka and Bangladesh has recently organized the SAARC Coding Competition. Last year the competition was organised with the collaboration of Pakistan and India but this year the scope was much more expanded.According to details, the list of collaborating universities included Bangladesh University of Engineering and Technology, Indian Institute of Technology, Delhi, Jamia Milia, Delhi, NSIT, Delhi,

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Pak student secures medal at world math contest

STAFF REPORT LHR: A Pakistani student, Syed WaqarAli Shah, has won a silver medal at the International Mathematical Olympiad recently held in Argentinean town, Mar del Plata.Waqar Ali Shah, an A-level student of the Pak-Turk International School, Karachi, who competed with about 550 students from 96 countries of the world.Pakistan had sent a batch of five students to participate in the international Olympiad held every year. They were selected from thousands of students who had participated in

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PTCL secures revenue growth

STAFF REPORT IBD: PTCL has gained net profit of Rs 2.84 billion in its half-year earnings made during the financial year 2011-12 for the period ended on December 31, while also showing a growth of 7 per cent in revenue."PTCL’s profits and revenue growth during the first half of FY2011-12 is a strong indicator of our dynamic corporate direction as well as our customers’ continued satisfaction and trust," said PTCL CEO and President, Walid Irshaid, after a meeting of the company’s

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