Ufone continued its remarkable track record in the telecom industry with handsome growth in revenues by 16 percent and in profit by 78 percent in the third quarter of current fiscal year ended in March 2010.
Pakistan Telecommunication Company Limited (PTCL) financial report said that it wholly-subsidiary outperformed again to consolidate a quite strengthening position of the company in terms of its financial stability.
Ufone, the wholly owned subsidiary of PTCL, revenue could be increased to 14 billion in the third quarter of 2010-11 whereas and profit could be to reach at Rs1.5 billion as per estimate of last calendar and quarter earnings and profitability.
The report did not disclose the absolute number of profit and revenue of Ufone, which is also called as Pak Telecom Mobile Limited (PTML).
Ufone revenues and profits were considered as significant for the overall earning of the parent company, PTCL. The remarkable results once again support the whole group to announce better result in the third quarter despite high overall operating cost and multiple losses on different accounts.
The PTCL net profit of Rs. 7.91 billion showed a 14 percent decline compared to same period last year. The Profit-after-Tax stood at Rs. 4.97 billion was 37 percent lower than the same period last year mainly because of increased employment cost.
Ufone earning witnessed record growth with handsome in crease in profit by 82 percent and revenue by 16 percent in first half of current fiscal year 2010-11.
Its revenues and profit were estimated to cross Rs 25 billion and Rs 2 billion benchmark on growing earnings and profitability.
Nokia leads six companies into Pakistan’s first large scale campaign for Mobile Phone recycling- Recycleyour phone and get a chance to win a brand new Nokia N8
Nokia recently kicked-off a two month long Mobile Phone Take Back and Recycling Campaign in collaboration with Ufone, Unilever, Radio FM 91, ARY Music, Orient Advertising and United Media. All the companies involved in the campaign joined hands to improve the environmental awareness in Pakistan and to provide an easily accessible solution for responsible recycling of mobile phones, accessories, chargers and mobile batteries of all brands. Recycling is processing old materials into something new in order to prevent wasting useful material, to cut down on energy consumption and to reduce the need for waste land filling that can spoil Pakistan’s environment.
People all across Pakistan are contributing to the campaign by recycling old and redundant or even broken mobiles that are no longer of use. Taking part in this campaign is easy: simply bring your old mobile devices, chargers, batteries and accessories of all brands to one of the 33 Nokia Care Centres or Ufone Sales and Service Centres across the country. The campaign will give a free gift hamper from Unilever and a chance to win a brand new Nokia N8 device only if person will drop off a mobile phone for recycling (all brands accepted).
Nokia Mobile Phone Take Back and Recycling Program rolled out in Pakistan during 2010. At this point in time, Nokia aims to increase awareness about why it is important to recycle your old phone and how easy it can be done.
Talking about Nokia’s contribution to environment in Pakistan, Adeel Hashmi, Communications Manager, Nokia Pakistan & Afghanistan, said, “Nokia has a comprehensive sustainability and environmental strategy and recycling is one of the key aspects covered. We understand that leadership means responsibility, that’s why at Nokia we consider the environment in everything we do and even go beyond our own operations and products: we want to give that chance to our consumers as well because we understand that a power of a billion people can do a lot of good to our environment. If the 4.6 billion people using mobile phones recycled just one unused phone at the end of its life, together we would save nearly 370,000 tons of raw materials and reduce greenhouse gases to the same effect as taking 6 million cars off the road.”
According to Nokia’s global consumer survey on recycling, only 3% of people said they had recycled their old phone – whereas 44% of old mobile phones are lying at home for no use and not being recycled. The survey revealed that one of the main reasons why so few people recycle their mobile phones is because they simply don’t know that it is possible to do so. Mobile devices and accessories contain raw materials which – if recycled in a responsible high standard process – can be reused in many ways to make new things, such as musical instruments or even dental fillings. 100 percent of the materials in Nokia devices can be recovered and used to make new products or generate energy.
Commenting on the campaign kick-off, Reza Burney, Country Care Manager Nokia Pakistan & Afghanistan said, “It is an exciting moment for Nokia to bring an opportunity for Pakistani consumers to make a positive contribution to the environment. Nokia has more than 5,000 recycling points globally in almost 100 countries. In Pakistan, we initiated an awareness drive to help people understand recycling and its benefits, and in addition we facilitate that all collected devices, chargers, accessories and batteries are recycled in a responsible way according to high environmental standards. By working together, small individual actions can add up to make a big difference and we have made recycling old mobile phones very simple for people. All they need to do is drop in the old mobile phone, charger, battery or accessories of any brand at one of our collection points and we’ll take care of the rest.”
Nokia does neither resell the phones nor carry out refurbishment business as there is no control over the quality or safety of the phones after restoration. Instead, Nokia works with carefully selected, approved recyclers who reclaim materials according to highest environmental and international standards.
Complementing its green initiative, Nokia has also introduced a number of green apps on its Ovi Store that help people contribute to a better environment through fun activities. A complete list of environment friendly apps is available on www.ovi.com/dogood website.
Ufone continued its remarkable track record in the telecom industry with handsome growth in revenues by 16 percent and in profit by 78 percent in the third quarter of current fiscal year ended in March 2010.
Pakistan Telecommunication Company Limited (PTCL) financial report said that it wholly-subsidiary outperformed again to consolidate a quite strengthening position of the company in terms of its financial stability.
Ufone, the wholly owned subsidiary of PTCL, revenue could be increased to 14 billion in the third quarter of 2010-11 whereas and profit could be to reach at Rs1.5 billion as per estimate of last calendar and quarter earnings and profitability.
The report did not disclose the absolute number of profit and revenue of Ufone, which is also called as Pak Telecom Mobile Limited (PTML).
Ufone revenues and profits were considered as significant for the overall earning of the parent company, PTCL. The remarkable results once again support the whole group to announce better result in the third quarter despite high overall operating cost and multiple losses on different accounts.
The PTCL net profit of Rs. 7.91 billion showed a 14 percent decline compared to same period last year. The Profit-after-Tax stood at Rs. 4.97 billion was 37 percent lower than the same period last year mainly because of increased employment cost.
Ufone earning witnessed record growth with handsome in crease in profit by 82 percent and revenue by 16 percent in first half of current fiscal year 2010-11.
Its revenues and profit were estimated to cross Rs 25 billion and Rs 2 billion benchmark on growing earnings and profitability.
Now you can pay your PTCL landline bills with Ufone.
Visit any Ufone franchise and UShop and get your bills paid without any hassle. Earlier this service was available at Ufone Service Centres only. Now all Ufone outlets, including Ufone franchise and UShops will be collecting PTCL bills.
Other than Ufone Service Centers and Franchises, following are few other options where you may pay your PTCL (and other utility bills):
Mobilink and Ufone signed an accord to enter into an agreement for tower sharing.
The agreement was signed between Rashid Khan, President and CEO of Mobilink, and Abdul Aziz, President and CEO of Ufone at the Mobilink House.
This collaborative effort is in line with the initiatives taken by the Pakistan Telecom Authority and the Federal Government to encourage cellular providers to drive greater efficiencies while reducing the carbon foot print.
Sharing his views, Rashid Khan said,
“This alliance is mutually beneficial and will also facilitate us to better align ourselves with our strategic initiatives and become greener. This will further enhance Mobilink’s coverage footprint, already the widest, hence, bringing more value to the customer which is our top priority.”
Commenting on the accord, Abdul Aziz, CEO Ufone, said,
“Ufone has had a keen interest in exploring newer avenues for our “Go Green” initiative and this tower sharing alliance is another step forward to further enhance our initiative. With this alliance Ufone has moved ahead to ensure customers have seamless connectivity no matter where they are in the country. This follows similar alliances with other operators hence allows us to create a positive network layout most beneficial to the customer”
Through sharing of their network infrastructures the two cellular providers will be able to enhance the customer experience by offering a wider coverage footprint, driving synergies and reducing their respective carbon foot prints.
The introduction of third party payment networks also known as MPSP (Mobile Payment Service Providers) would be of immense advantage since these third party payment handing agents can work with many providers, rather than the closed networks, Dr Muhammad Yaseen, Chairman Pakistan Telecommunication Authority (PTA) said in its authored article on his blog “Mobile Banking – Market Dynamics for Pakistan.”
The primary approach is to encourage multiple mobile banking services to MPSP as opposed to One-to-One payment system or one bank one operator. Therefore, there will be opportunities to design multiple money transfer saving and financing services to customers.
We could foresee opportunities for service providers from banks and mobile sectors alike who move quickly to create new products, especially if they can establish shared networks of third party agents, he wrote.
Dr Yaseen explained that the customers belonging to any bank and mobile operator would have the freedom of managing their finances when and where they want. This means that all banks and mobile operators would be able to connect with each other resulting in a situation where any bank customer can access their accounts, transfer funds, and interact with all other bank customer using mobile connection.
“This also provides an extra freedom to all service providers to start mobile banking offers to their consumers. Under this model, all banks and all operators could join hands to offer services to virtually all bankable customers, he said and added “this model offers the maximum connectivity and hence maximum outreach but requires a central transaction processing system that could be handled by a MPSP. Relying on third party service providers would also “liberate” banks from location constraints, allowing them to compete for customers anywhere based on product design, marketing, and branding.”
Block Diagram of the TPS Model
PTA has join hands with State Bank of Pakistan for drafting banking while offering state-of-the-art security to mobile users and financial. This aim to introduce a unified regulatory regime catering the requirements of operators, financial institutes and the consumer by providing a many-to-many relationship.
The present regulatory framework available under Electronic Transfer Act (2005) and Branchless Banking Regulations (2008) promulgated by State Bank of Pakistan is based on 1-to-1 relationship. This offers a close system between a single bank and a single mobile operator required to develop their own payment
Pakistan has region’s best performing sector, the financial sector assets have risen to over $185 billion, its profitability is exceptional and at an all- time high, non-performing loans (NPLs) are at an all-time low, credit is fairly diversified and bank-wide system risks are well-contained. Almost 81% of banking assets are in private hands. Similarly mobile sector in Pakistan has observed an enormous growth with a subscriber’s base reaching
As we had anticipated, year 2011 is going to be year of smartphones from cellular companies, and here we go with another official launch of an HTC smartphone, this time from Ufone.
The news is that Ufone has launched HTC Incredible S in Pakistan, in an effort to strengthen its smartphone portfolio. This has happened exactly after the launch of Samsung’s Nexus S by Mobilink Indigo.
Ufone has announced the price tag of HTC Incredible S in Pakistan at Rs. 45,999.
Though we are not sure if Ufone is subsidizing HTC Incredible S or not, but we know, for a fact, that this price of Rs. 45,999 for HTC Incredible S is around 20 % lesser than what other online retailers are offering.
Launch of HTC Incredible S is followed by three other android handsets launched by Ufone just few weeks ago.
Free GPRS Bucket for 12 Months:
Ufone has said that a free GPRS bucket of 30 MB will be given away for 12 months for those who will buy HTC Incredible S from Ufone.
Ufone has gone aggressive recently, with back to back plentiful of offerings in last few days.
Latest addition is the Super all Offer, which remained Ufone’s major weapon for retaining customers and for getting new customers in last one year or so.
Once again, Ufone has brought its Super Call Offer back for its customers, with little variation though.
Super Call Offer Details:
With Super Call Offer, Ufone customers can make hourly calls:
Make Ufone to Ufone calls from 10:00 pm to 7:00 pm the next day at Rs. 2.99 plus tax
There is no daily charge for Super Call Offer
How to Subscribe:
To activate Super Call Offer, simply dial *45#
One time activation charges are Rs. 20 plus tax
Terms & Conditions:
One time subscription charges are Rs.20+tax
This offer is valid for Lady’s Package, UWON, UWON Plus, Tension Free Special Package, Public Demand, Josh and Uth Packages
This rate also applies to Ufone Friends & Family
This facility is not available on Bundle Offer calls.
The maximum duration of a call is 59:59 minutes.
Customers existing package rate applies from 7pm to 10pm.
Daily charges will continue to apply on existing package of customers.
19.5% FED on usage and 11.5% withholding tax at recharge or bill applies.
Ufone, in a unique offer, today announced that its Uth Package can be subscribed with postpay model as well. Meaning that, all Uth Package offerings will be made available for customers but with postpaid package.
This way, Ufone will earn loyal customers – while subscribers can enjoy the liberty of postpaid with features of a prepaid package.
Uth Tariff:
In addition Uth Postpaid customers will get:
Every month 50 minutes of calls to other networks – bilkul FREE!
And 10% discount on the purchase of Android handsets
How to Get Uth Postpaid:
You can switch your existing Uth package to postpaid by dialing 333 or visiting your nearest service center.
Terms & Conditions:
The package line rent will be Rs. 100 per month
Handset discount offer is subject to availability of stock
Security deposit of Rs. 500 NWD access, Rs. 1,000 IDD access, & Rs. 15,000 for IR access are required.
Charges of Rs. 50 for Paper & Rs. 10 for e-billing is applicable on this package
Terms & condition apply
19.5% FED on usage and 11.5% withholding tax at recharge or bill applies
Ufone continued its remarkable track record in the telecom industry with handsome growth in revenues by 16 percent and in profit by 78 percent in the third quarter of current fiscal year ended in March 2010.
Nokia recently kicked-off a two month long Mobile Phone Take Back and Recycling Campaign in collaboration with Ufone, Unilever, Radio FM 91, ARY Music, Orient Advertising and United Media. All the companies involved in the campaign joined hands to improve the environmental awareness in Pakistan and to provide an easily accessible solution for responsible recycling of mobile phones, accessories, chargers and mobile batteries of all brands. Recycling is processing old materials into something new in order to prevent wasting useful material, to cut down on energy consumption and to reduce the need for waste land filling that can spoil Pakistan’s environment.
Now you can pay your PTCL landline bills with Ufone.
Mobilink and Ufone signed an accord to enter into an agreement for tower sharing.
Ufone has gone aggressive recently, with back to back plentiful of offerings in last few days.
Ufone, in a unique offer, today announced that its Uth Package can be subscribed with postpay model as well. Meaning that, all Uth Package offerings will be made available for customers but with postpaid package.
