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US midterms put Trump’s political standing to the test Federal govt announces reduction in petroleum prices Cyberattack affects dozens of supermarkets across Europe Simple egg white face mask for your skincare routine 'Meer-e-Karwan Tum Ho' conference highlights climate challenges Major tech companies resist Trump's latest tariff push against Vietnam Netflix crime thriller 'Collision Course' tops global charts after release Field Marshal Asim Munir, Liu Haixing discuss bilateral ties at GHQ Sindh bans CNG, LPG cylinders in school vans Bird flu outbreak spreads across US poultry farms, infects 1.32m birds Pakistan fined 5% of match fees for slow over-rate in tri-nation final Pakistan to deregulate LPG pricing, add targeted subsidies Pakistan explores tokenizing Eurobond debt, Finance Minister says Karachi to get first mechanical garbage transfer system Pakistan bound LNG carrier attacked near Strait of Hormuz despite Iranian clearance US consortium proposes $4.4 billion LNG project in Pakistan US midterms put Trump’s political standing to the test Federal govt announces reduction in petroleum prices Cyberattack affects dozens of supermarkets across Europe Simple egg white face mask for your skincare routine 'Meer-e-Karwan Tum Ho' conference highlights climate challenges Major tech companies resist Trump's latest tariff push against Vietnam Netflix crime thriller 'Collision Course' tops global charts after release Field Marshal Asim Munir, Liu Haixing discuss bilateral ties at GHQ Sindh bans CNG, LPG cylinders in school vans Bird flu outbreak spreads across US poultry farms, infects 1.32m birds Pakistan fined 5% of match fees for slow over-rate in tri-nation final Pakistan to deregulate LPG pricing, add targeted subsidies Pakistan explores tokenizing Eurobond debt, Finance Minister says Karachi to get first mechanical garbage transfer system Pakistan bound LNG carrier attacked near Strait of Hormuz despite Iranian clearance US consortium proposes $4.4 billion LNG project in Pakistan

ATM Operations in Pakistan at Risk of Major Disruption

ATM Operations in Pakistan at Risk of Major Disruption

ISLAMABAD: The Senate Standing Committee on IT and Telecom received an update from Pakistan Telecommunication Authority (PTA) Chairman Hafeez Ur Rehman regarding significant arrears owed by Long-Distance International (LDI) operators. Rehman reported that while 10 of the 15 companies have cleared Rs10 billion in arrears, Rs24 billion remains unpaid, with late penalties increasing the total to Rs74 billion.

The PTA chairman cautioned that if payments are not made, the agency may consider license revocations, potentially impacting up to 50% of mobile services and 40% of ATM networks in Pakistan.

The committee also reviewed Pakistan’s heavy reliance on foreign fiber-optic infrastructure, discussing the newly introduced National Fiberisation Policy, aimed at strengthening local infrastructure and reducing external dependence.

Further discussions addressed regulatory progress on the proposed Regulation of Artificial Intelligence Bill 2024. Some members questioned the Ministry’s ability to regulate AI, given challenges in managing social media content and misinformation. A suggestion was made to examine regulatory models, such as China’s, which involve alternative platforms for enhanced control of digital information.

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