Elon Musk's company Starlink Internet Services has officially registered itself with the Securities and Exchange Commission of Pakistan (SECP) to provide internet services in Pakistan through satellite.
According to a statement issued by the Ministry of IT and Telecommunication on Monday, SpaceX Director for Global Licensing and Market Activation Ryan Goodnight met Pakistan's Federal Minister for Information Technology and Telecommunication Syed Aminul Haq to discuss the registration of SpaceX's Starlink.
The meeting was held to explore how Starlink's quickest and least expensive satellite internet services could open the door for reasonably priced broadband services throughout Pakistan.
The minister expressed the optimism that even in remote areas Starlink's services could significantly lower the operational costs of telecom operators.
The minister stated, "Our main goal is to provide broadband services to every area of Pakistan at a reasonable price," adding, "Starlink can play a significant role in this regard."
Ryan Goodnight expressed his appreciation for Pakistan's growth in the IT and telecom sectors and thanked the minister for his cooperation. Ryan said, "The fundamentals are finished, and we are now prepared to go quickly."
Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.
Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.
Currency | Symbol | Buying | Selling |
US Dollar | USD | 277.4 | 280.4 |
Euro | EUR | 293 | 296 |
UK Pound Sterling | GBP | 342.25 | 345.65 |
U.A.E Dirham | AED | 75.2 | 75.9 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 740.09 | 748.09 |
Canadian Dollar | CAD | 201 | 203 |
China Yuan | CNY | 38.44 | 38.84 |
Danish Krone | DKK | 39.69 | 40.09 |
Hong Kong Dollar | HKD | 35.53 | 35.88 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 902.64 | 911.64 |
Malaysian Ringgit | MYR | 58.08 | 58.68 |
New Zealand Dollar | NZD | 164.22 | 166.22 |
Norwegians Krone | NOK | 25.31 | 25.61 |
Omani Riyal | OMR | 722.87 | 730.87 |
Qatari Riyal | QAR | 76.45 | 77.15 |
Singapore Dollar | SGD | 204.5 | 206.5 |
Swedish Korona | SEK | 25.31 | 25.61 |
Swiss Franc | CHF | 305.08 | 307.58 |
Thai Bhat | THB | 7.56 | 7.71 |
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