Mobicash becomes Pakistan’s fastest growing MFS footprint with 30,000 retailers
Mobicash has spread its network to more than 30,000 retailers and still counting within first 15 months of its operations in Pakistan. The expansion of MFS retailer footprint is in line with Mobilink’s aim to increase financial inclusion by providing financial services to under and unbanked population of Pakistan.
Samsung Electronics Company Limited has overhauled its distribution network. The South Korean technology giant has appointed multiple distributors for Northern and Southern regions as it plans to expand its sales in the country. “Pakistan is a very big market and for a brand like Samsung, it was important to have two distributors to justify the needs of customers,” MRM Traders’ Chief Executive Officer Mohammed Rauf Moosa said in a press conference at Mövenpick Hotel.
PTCL introduces 4 Mbps speed as minimum benchmark across Pakistan
Pakistan Telecommunications Company Limited (PTCL) has introduced 4Mbps as a minimum benchmark for broadband speeds nationwide. Walid Irshaid, President & CEO of PTCL, said, “PTCL is passionately pursuing its vision to bring broadband access to everyone, regardless of income levels and geographic terrain. Over the last few years, the expansion of PTCL broadband footprint and upgrade of existing infrastructure have all come together to change the very dynamics of information and communications technology services in Pakistan. This new initiative is a step further in ensuring that country progresses at faster speed and creates opportunities for the citizens of Pakistan to make economic gains using ICT services. And this is just the beginning of our high speed broadband initiative; there will be more to come in the future.”