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Daily Archives: March 2, 2016

Yahsat signs new service partnership with Nexlinx Networks in Pakistan

Lahore, March 02, 2016 (PPI-OT): Yahsat, the Abu Dhabi-based satellite operator, today announced that it has signed an agreement with new service partner Nexlinx Networks to distribute its satellite broadband service, YahClick, to users across Pakistan. Nexlinx customers will soon be able to instantly connect to YahClick’s satellite broadband internet service anywhere in the country ...

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Dr. Daniel Ritz appointed President and Chief Executive Officer of Pakistan Telecommunication Company Limited

Karachi, March 02, 2016 (PPI-OT): The Board of Directors of Pakistan Telecommunications Company Ltd. (PTCL), Pakistan’s leading telecommunication and ICT services provider, has announced the appointment of Dr. Daniel Ritz as President and CEO of the PTCL Group with effect from 3rd March 2016. He succeeds Mr. Walid Irshaid, who was President and CEO of ...

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JCR-VIS reaffirms Management Quality rating of Magnus Investment Advisors Limited

Karachi, March 02, 2016 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Management Quality rating of Magnus Investment Advisors Limited (Magnus) at ‘AM2- (IA)’ (AM-Two Minus (IA)) with a ‘Stable’ Outlook. The previous rating action was announced on February 26, 2015. As the only independent investment advisor in Pakistan, the franchise of Magnus ...

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JCR-VIS maintains Insurer Financial Strength Rating of Pak Qatar General Takaful Limited

Karachi, March 02, 2016 (PPI-OT): JCR-VIS Credit Rating Company Limited has maintained the Insurer Financial Strength Rating of Pak Qatar General Takaful Limited (PQGTL) at ‘A-’ (Single A Minus). Outlook on the assigned rating has been revised from ‘Positive’ to ‘Stable’. The previous rating action was announced on December 31, 2014. The assigned rating incorporates ...

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