The year 2022 was a very rough year for Pakistan. The nation was hit by devastating floods that badly affected tens of millions of people. Macroeconomic indicators took a nose dive as political instability reached new heights. In the middle of such bad news, Pakistan saw installation of thousands of kilometers of new fiber optic cable, inauguration of a new high bandwidth …

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Digital transactions in Pakistan soared 31.1% to Rs. 88 trillion or $500 Billion in fiscal year 2020-21, according to the nation's top central banker. “If the figure is $500 billion now, you can imagine the pace at which we are digitizing,” said Dr. Baqir Raza, Governor of the State Bank of Pakistan, adding that those transactions showed a year-on-year growth of 30.6% in volume and 31.1% in value. The nation's central bank also reported that the large-value payments segment, known as…

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Broadband subscriptions in Pakistan have soared from 2 million in 2012 to 100 million now, according to the country's telecommunications regulator. Ookla, recognized globally for its broadband speed testing, reports that Pakistan's average broadband download speed is 11.35 Mbps, while its upload speed stands at 10.7 Mbps. Thousands of kilometers of new fiber optic cable is being installed and mobile data usage in Pakistan has recently surged to 8,000 petabytes. Smartphone sales are also…

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Haroon and Hamza Choudhry, born in rural Pakistan, are teaching artificial intelligence (AI) American high-schoolers. Twenty-something Choudhry brothers were 8 and 6 when they came from Pakistan to the United States in 1998. They have co-founded "AI For Anyone", a Brooklyn-based non-profit organization that sends volunteers to teach…

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Pakistan Federal Board of Revenue has recently announced that “Sales Tax and Income Tax at import stage has been drastically reduced in case of smartphones of Rs15,000 or below". This action was apparently taken after Digital Pakistan Initiative led by…

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Pakistan's average mobile broadband speed of 13.1 megabits per second is the fastest in South Asia, according to Ookla Global Speed Test Index 2017.  Mobile broadband speeds in other South Asian countries are: Myanmar 11.7, Nepal 11, Sri Lanka 9.3, India 8.8 and Bangladesh 4.97.…

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Caramel Tech Studios, a Lahore-based mobile games company founded by three Pakistani brothers, is starting a new San Francisco startup, Fizz, that promises to do real-time translation for text chat in mobile games, according to a report by Dean Takahashi in VentureBeat.  Mobile games market represents a huge and rapidly growing lucrative opportunity for Pakistani game developers and…

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Pakistan's mobile broadband operators are offering download speeds of 11.7 Mbps, more than twice faster than neighboring India's 5.14 Mbps as measured. 3G/4G/LTE Subscriptions are rising rapidly at a rate of about a million a month since the initial rollout in late 2014 brining the total number of subscribers to 41.72 million as of May, 2017.  Growing availability and rising speeds are enabling many new Internet applications that are increasing access to education/training, financial…

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Uber, the rapidly growing San Francisco based behemoth known for its taxi app,  appears to be getting ready to launch its service in Lahore, Pakistan, according to media reports.

A report in Tech In Asia points to the career page on Uber website that shows openings for “general manager”, “operations and logistics manager”, and a “marketing manager,” for Lahore,  Pakistan's second-largest…

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Even  before 3G and 4G roll-outs, Pakistan's mobile data users enjoy an average bandwidth of 1.5 Mbits/sec and peak bandwidth of 14.7 Mbits/sec, according to a report published by Akamai Technologies, Inc. The Akamai data includes usage from smartphones, tablets, computers, and other devices that connect to the Internet through mobile network providers. The only mobile broadband option available to…

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Spurred by a favorable regulatory and technology environment, Pakistan is witnessing dramatic growth in branchless banking, according to a March 14, 2012 report by the State Bank of Pakistan.

Here are some of the key indicators contained in the State Bank report:

1. Number of branchless banking accounts jumped 40 percent to 929,184 in October-December 2011 (Second quarter of FY2011-12) from the preceding…

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Mobile application developers and high-bandwidth data network operators are being dramatically boosted by latest innovations, growing popularity and rising demand of smartphones such as iPhone, Blackberry, Palm Treo and other mobile platforms. Some 10 percent of phones shipped worldwide — and some 19 percent of phones sold at retail in the United States — are smart-phones.… Continue

When Intel puts its weight behind an initiative, it automatically gets a boost. But when Google and Intel together join forces, no one in their right mind can bet against such a combined force. Mobile Internet with broadband access has achieved that inevitability with Google backing a Wimax joint venture between wireless veteran Craig McCaw's Clearwire and Sprint-Nextel. In addition to Intel and Google, this venture is also supported by Comcast and Time-Warner.



As the world goes… Continue