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PTCL, ZTE to set up Joint Innovation Center in Pakistan

07:08 PM | 4 Mar, 2016
PTCL, ZTE to set up Joint Innovation Center in Pakistan
LAHORE (Staff Report) - Pakistan Telecommunication Company Limited (PTCL) on Friday signed a strategic agreement with ZTE Corporation to set up a Joint Innovation Center (JIC) on Big Video in Pakistan.

The JIC is a key initiative of PTCL and ZTE for Smart TV development, empowering PTCL to provide high quality video services to customers on TV and mobile devices.

The Joint Innovation Center, first of its kind in big video services in Pakistan, will allow both PTCL and ZTE to share resources, exchange knowledge and tap into potential of the latest available technologies. Now PTCL would be able to further enhance its Smart TV offering, bring in more value and provide new, value-added services to customers.

The MOU was signed by Adnan Shahid, Chief Commercial Officer PTCL and Frank Fang, Vice President Multimedia Product & Services ZTE.

The agreement will also serve to strengthen the PTCL digital ecosystem based on video Solutions and support the convergence of the PTCL ICT infrastructure to counter emerging Over The Top (OTT)
technologies and improving competence and innovation levels with an eye on future planning.

This partnership will establish a process of research and development which would lay down an operation model for PTCL to create the best experience for customers in terms of Smart TV usage in addition to offering superior services such as 4K Ultra High Definition TV.

In his comments, Adnan Shahid, Chief Commercial Officer PTCL, said JIC in Pakistan will enable to provide new and innovative video services in Pakistan with local research and development to meet  local, cultural and digital requirements.

Zhu Jinyun, Senior Vice President Cloud Computing & IT ZTE, said the company is pleased to see PTCL using its platform to offer live TV and videos to its customers.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

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.

Today’s currency exchange rates in Pakistan - 19 April 2024

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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