Transaction to strengthen Mavenir’s balance sheet and support its strategic focus on its profitable Mobile Core segment Mavenir to refocus Open RAN investments on 4G and 5G software, will accelerate investment in AI Siris to be controlling shareholder with support from key existing Mavenir lenders RICHARDSON, Texas, June 16, 2025 (GLOBE NEWSWIRE) — Mavenir, the […]
Read More »Daily Archives: June 16, 2025
Mavenir Signs Debt Recapitalization Transaction to Drive Continued Growth
Transaction to strengthen Mavenir’s balance sheet and support its strategic focus on its profitable Mobile Core segment Mavenir to refocus Open RAN investments on 4G and 5G software, will accelerate investment in AI Siris to be controlling shareholder with support from key existing Mavenir lenders RICHARDSON, Texas, June 16, 2025 (GLOBE NEWSWIRE) — Mavenir, the […]
Read More »Atos Unveils AI-Driven Security Operations Center in Qatar, Bolstering Regional Cyber Resilience
Press Release Atos Unveils AI-Driven Security Operations Center in Qatar, Bolstering Regional Cyber Resilience Doha, Qatar – June 16, 2025 – Atos, a global leader in digital transformation and cybersecurity, today unveiled its cutting-edge Security Operations Center (SOC) in Qatar, expanding its global network of interconnected SOCs. This state-of-the-art facility marks a strategic expansion of Atos’ global cybersecurity footprint, […]
Read More »CGTN: From father to son: The enduring values guiding Xi Jinping
On Father’s Day, CGTN published an article discussing how the teachings and example set by Xi Jinping’s father have silently influenced his governance philosophy, particularly his firm stance on standing with the people and his emphasis on the importance of research and investigation. BEIJING, June 15, 2025 (GLOBE NEWSWIRE) — During a 2021 visit to […]
Read More »ABL Cash Fund Demonstrates Resilience with Strong Portfolio and Liquidity
Karachi: The ABL Cash Fund, a low-risk investment vehicle, continues to show stability and resilience, maintaining a robust creditworthiness profile and immediate liquidity access for its investors. The Pakistan Credit Rating Agency Limited (PACRA) ha...
Read More »KIBOR Rates Show Mixed Trends Across Tenors
Karachi: The Karachi Interbank Offered Rate (KIBOR) displayed a range of activity across different tenors, as reported by the State Bank of Pakistan on June 16, 2025. The data reveals slight variations in both bid and offer rates for the short and lon...
Read More »Currency Exchange Rates Show Little Movement in Pakistan
Karachi: The Exchange Companies Association of Pakistan reported minimal changes in the currency exchange rates on June 16, 2025. According to the data, the US dollar traded at 283.53 for buying and 285.34 for selling, indicating a stable market. Th...
Read More »PTCL Group and TPL Insurance Join Forces to Launch Device Financing for Enterprises
Islamabad: PTCL Group, the leading telecommunication and digital services provider in Pakistan, has partnered with TPL Insurance to introduce a financial guarantee system. This initiative is designed to facilitate the adoption of digital tools, handhe...
Read More »Business Leaders Express Frustration Over Unchanged Monetary Policy
Karachi: Business and industry leaders in Pakistan have expressed their dissatisfaction with the State Bank of Pakistan's decision to maintain the current policy rate, citing concerns over its disconnect with the nation's inflation figures and economi...
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