Islamabad
\nPakistan Telecommunication Company Limited (PTCL) and DynaSys Networks (DynaSys) announced the signing of two Memoranda of Understandings (MoUs) at a ceremony held at the National Aerospace Science and Technology Park (NASTP) in Rawalpindi.
\nThe signing ceremony was jointly chaired by Aamer Ejaz, Group Vice President, Carrier Services, PTCL & Ufone 4G and Ali Akhtar, Founder and CEO, DynaSys Networks. The ceremony was attended by senior officials from both organizations, along with the leadership of NASTP.
\nThe MoU on Internet of Things (IoT) establishes the technical framework for the integration of DynaSys\u2019 IoT platform and end user devices with PTCL\u2019s Cloud and cybersecurity infrastructure as well as wired and wireless transmission networks.
\nThis would culminate in a fully assimilated and first of its kind IoT service that would be commercially available to customers across Pakistan.
\nThe mission statement on IoT reaffirmed by both organizations is to jointly become Pakistan\u2019s largest IoT service provider with the first to one million active end user subscriptions.
\nDuring the ceremony, Aamer Ejaz, Group Vice President Carrier Services, PTCL & Ufone 4G said, \u201cWe are excited to establish a partnership with DynaSys to support the IoT and satcom needs of our business partners. PTCL, a market leader in telecom, is proactively playing its role to bridge the digital divide to bring a positive change in the lifestyle of people.
\nSuch partnerships will help achieve that objective by providing futuristic, innovative and cost-effective solutions even in the remotest parts of the country. It will contribute significantly towards stirring the business activity and overall economic growth of the country.\u201d
\nOn the occasion, Ali Akhtar, Founder and CEO of DynaSys Networks, said, \u201cThe framework that DynaSys and PTCL have formally signed today is a giant leap for materializing IoT in Pakistan.
\nThe missing piece of the puzzle so far has been the platform which we have now solved. In the months ahead we will be working hand in glove to materialize Pakistan\u2019s first full-fledged IoT service.
\nOn satellite communications, it is natural that the talent of both organizations would gravitate towards each other for a high impact market presence. We\u2019re taking solid steps to dominate this space in Pakistan and to spread out to the broader region.\u201d
\nThe MoU aligns the vast technical and commercial expertise of DynaSys\u2019 satellite communications team with PTCL\u2019s extensive satellite communications infrastructure and rich history of satellite services in Pakistan.
\nThrough this alliance, both companies not only endeavor to become Pakistan\u2019s largest satellite communications systems integrators and service providers, but also aim to significantly increase market share across the region.<\/p>\n","protected":false},"excerpt":{"rendered":"
Islamabad Pakistan Telecommunication Company Limited (PTCL) and DynaSys Networks (DynaSys) announced the signing of two Memoranda of Understandings (MoUs) at a ceremony held at the National Aerospace Science and Technology Park (NASTP) in Rawalpindi. The signing ceremony was jointly chaired by Aamer Ejaz, Group Vice President, Carrier Services, PTCL & Ufone 4G and Ali Akhtar, […]<\/p>\n","protected":false},"author":2,"featured_media":355548,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-355532","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n