According to the new Fitch-Ratings the Norway based Telenor’s Outlook has been declared stable from negative. The Long-term Issuer Default rating (IDR) and senior unsecured rating are acknowledged at ‘BBB+’ respectively and the Short-term IDR at ‘F2′. These new ratings have shown declined concerns that Telenor’s capex-consuming and yet unprofitable Greenfield project in India will lead to material descent in its credit...
Read MorePTA Federal Excise Duty on Telecom Services
The general public / users of Telecom Services are advised to note the following: With effect from July 1, 2009, the GST/FED on telecommunication services has been abridged from 21% to 19.5%. Withholding Tax (WHT) will continue to be charged @ 10% in addition to FED. Total Compounded Tax on telecommunication services will be 31.45%. Withholding Tax on Telephone Bills With effect from July 1, 2008, the Ministry of Finance, has levied...
Read MoreTelenor Karo Mumkin
With the inventive and imaginative new promotion, Telenor Pakistan provided us opportunity to have our words about our compelling thoughts to create a better Pakistan in future. Whether it’s a small idea or a big one for the promising future of the country, we are given a chance to share it with the nation. These thoughts were discussed and evaluated by a profound panel of Pakistani intellectuals and will be aired in a program called...
Read MorePakistan Tele Density Market Grew by 2.2 Percent
In the outgoing fiscal year 2009-10, the cellular operators enjoyed significant increase of 4.84 million subscribers on their networks.The competition, to attract new customers and to retain the existing customers, intensified between the cellular operators as they offered free minutes, SMS, balance and different prize money schemes. Pakistan Telecommunication Authority (PTA) stated that the cellular phone sector’s tele-density grew by...
Read MoreTelenor Pakistan Receives Best Place to Work Award 2010
Telenor Pakistan received Best Place to Work Award 2010 by Pakistan Society of Human Resources Management (PSHRM) and Engage Human Resources in Karachi at a local hotel. The Award was announced by Vice President Human Capital Division Telenor Pakistan Nayab Baig at the convocation ceremony of Telenor Pakistan’s Ambassador’s Program held in Lahore. The Telenor Pakistan Ambassador Program’s ceremony saw attendance from the Federal...
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