Wateen announced that it has selected MARA Systems for providing a caching solution which will improve customer’s quality of experience and enable bandwidth savings for the company.

Wateen Telecom has selected the CacheMARA appliance solution as it offers a unique caching mechanism that enables caching for content from leading video portals, CDNs and file hosters. It also cuts down unproductive use of the Internet and consumption of network bandwidth.

Wateen selected MARA Systems as its vendor after an evaluation process that analysed customer satisfaction, presales and post sales support capabilities, and other critical factors that would help Wateen serve its customers better and improve business performance. MARA Systems provides appliance solutions and services to telecom operators around the globe, such as Telecom of Thailand (ToT), Hadara Technologies Palestine, and within other sectors such as education and government through BT-AL Saudi Arabia (MENA region).

Speaking about the contract, Wateen Chief Technology Officer Faisal Sattar said, “The Web has changed and grown significantly as social networking, video streaming, and file hosting sites have become popular, requiring more and more bandwidth. MARA Systems provide an excellent support, real time statistics and outstanding results for caching on multimedia content. By caching sites on local servers, our consumers will benefit from reduced load times.”

MARA Systems Sales Manager Cesar Reis explains: “Nowadays, video and other media content delivered over the internet from sites such as YouTube often account for a significant amount of user traffic. The CacheMARA is an intuitive solution that delivers high caching support for several service protocols and continuously updated to deliver optimal bandwidth savings. With CacheMARA the high-end hardware complement the unique caching software and technology perfectly. The result is an investment that delivers fast ROI and supports our customers’ business growth in a cost-effective way.”

With this, MARA Systems for Caching Solutions, by caching sites on local servers, consumers will benefit from reduced load times. This solution would improve customer’s quality of experience and provide bandwidth savings for Wateen Pakistan.

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The Election Commission of Pakistan (ECP) has launched the World’s biggest voters’ Short Message Service (SMS) of 85 million voters throughout the country on 29th February 2012. The ceremony will be held in the ECP’s Secretariat Islamabad.

By using this service, the eligible voters would be able to send Computerized National Identity Card (CNIC) number on 8300 and in response, the voter would get the voting details like CNIC No., Electoral Area name, Block Code, Tehsil / District and Serial Number.

The name, parentage and home address would not be shown in the SMS, in order to protect the privacy of a voter.

Now it is the duty of every responsible citizen/eligible voter to use this state-of-the-art mobile technology by verifying his/her voting information to ensure credible, transparent and error-free Electoral Rolls.

How to Check / Verify your vote status via SMS ?

• Send your Computerized National Identity Card (CNIC) number on 8300 from your Mobile Phone.

This hi-tech technology has got various advantages like voter could get all the information regarding his/her vote within seconds.

Mobile SMS Vote Status Pakistan (Urdu Banner)

This service would minimize the possibility of errors in the Final Electoral Rolls. Apart from the display centres, this service could be considered as Virtual Display Centres where the voters sitting anywhere in the country, be able to check his / her vote’s detail.

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Mobilink and Nokia, for the first time, are entering into a grand collaboration for the Nokia Asha 303 Qwerty campaign. This offer is available of all Mobilink Customers including Jazz, Jazba and Indigo.

The stylishly slim Nokia Asha 303 features an exceptionally responsive touch screen that's great for browsing & apps. Plus, you get to enjoy a full QWERTY keyboard for fast texting – all on the vivid 2.6-inch display.

Nokia Asha 303 is a powerful social networking hub and makes it easier than ever for you to stay connected with what’s important.

The phone comes with a 1 GHz processor, & features the latest 3.5G and Wi-Fi support for fast connectivity.

The excitement doesn’t end here yet! Mobilink customers can get free blue tooth device exclusively through Mobilink Customer care centers. Cherry on the top for Jazz customers is the 3 months free GPRS.

Price of Nokia Asha 303 in Pakistan (by Mobilink): Rs. 12,950/

Terms and Conditions:

• Free GPRS offer will remain valid for all handsets sold in the first 30 days only.


• Mobile internet will be available in Pakistan only.


• The offer will be 90MB with a validity of 90days.


• 3Months of Free gprs offer is only for prepaid Mobilink Customers.


• Activation of free mobile promo may take up to 3days for processing after the customer responds to the opt-in request message.


• Customer will have 24Hours to respond (to opt-in) request and avail 3months of free gprs. If the customer does not respond within 24hours, the customer will not qualify for the 3months of free gprs offer.


• Customers on international roaming will not be eligible for free mobile internet. If a customer has international roaming activated, then the customer will not be eligible for 3months of free gprs unless the customer explicitly requests for international roaming to be deactivated and 3months free gprs to be activated with in the 30 day promotion period.


• Customers who activate IR after having the 3months free gprs activated on their MSISDN’s will automatically be deactivated from GPRS offer.


• Customer will be charged as per package plan after the first 90days (3 month free GPRS offer period) or upon using the 90MB quota, and the customer will need to call 111 to change or deactivate the GPRS package

This handset is only available at the following Mobilink Customer Care Centers:

City	Sales and Service Center Location
Karachi	Ground Floor, Nice Trade Orbit Building (NTO), Near Nursery Shop, Shaharah-E-Faisal
	D-21/22, Block 8, Chaudry Khaliquzzaman Road, Scheme 5, Kehkashaan, Clifton Karachi.
Lahore	Waves Building,  64 D -1 Gulberg, Lahore
	Mobilink House , 5 P Gulberg II, Lahore
Islamabad	78 E Redco Plaza, Jinnah Avenue, Blue Area
Faisalabad	Building # 1298/B, People Colony Near Saleemi Chowk, Satyana Road
Multan	60 Bridge Lane, LMQ (Lahore Multan Quetta) Road, Near Kutchery
Sukkur	Plot No. 47,48 Muslim Cooperative Housing Society, Opposite: Red Carpet Hotel, Military Road
Hyderabad	Plot No. D-1 and D-4 R.E.C.H.S, Main Auto Bahn Road, Unit No.2 Latifabad
Peshawar	Mobilink Regional Office University Road Peshawar (Adjacent to Shiraz Gathering)
Gujranwala	Mobilink House, Near General Bus Stand G T Road, Gujranwala
Rawalpindi	8th State Life Building Kashmir Road Saddar Rawalpindi
Quetta	Gulistan Road, Global Center, Mobilink House, Opposite Police Lines

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Pakistan Telecommunication Company Limited (PTCL), in line with its sustained efforts to facilitate customers with value-added services, has introduced new line rents for unlimited use of Vfone to Vfone and Vfone to PSTN calls for all its existing and new Vfone subscribers.

This remarkable initiative will result in a reduction of Rs.5 in the line rent of Vfone’s Unlimited package, which will be charged at Rs.15 per day effective from March 06 2012 instead of the earlier rates of Rs.20 per day.

The daily line rent for Vfone’s Family package has been revised from Rs 5.99 per day to Rs 6.99 with effect from the same date.

PTCL has already removed all types of call set-up charges in Simple, Family and Unlimited packages with effect from February 17, 2012.

PTCL’s Vfone is Pakistan’s largest CDMA service providing blanket coverage across the country available in a variety of exciting pre-paid and post-paid packages. The Unlimited free On-Net dialing services against highly affordable daily line rent charges provide unparalleled, effective and affordable communication to the masses.

Vfone also offers high speed Internet facility supported with CDMA 1x technology and SMS service to and from all networks at highly nominal rates.

“Vfone is the nation’s largest CDMA service provider offering high quality voice, high speed data and SMS services to our valuable customers,” said PTCL SEVP Commercial, Naveed Saeed. “PTCL will continue to meet and exceed its customers’ expectations through exciting new packages, and consistency in introducing innovative telecom products and services for the communication industry in Pakistan.”

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wi-tribe Pakistan has introduced a new packages for students.

Add-ons and services available for Student package: Upsize GBs, Parental Control and Anti-virus.

Student package policy: Parameters will change and speed will be reduced upon utilizing 34 GB available for use during student hours in any given month. i.e. Data limit for Student Package is 34 GB for student hours and 6 GB for regular hours

wi-tribe student package details:

• Internet Speed (Maximum Data Rate): 1 Mbps


• Internet Speed (Minimum Data Rate): 512 Kbps


• Monthly Volume Limit: Endless (fair usage policy applies)


• Monthly Charges: Rs. 1000


• Student Hours: 12 AM to 6 PM @ 1 Mbps


• Regular Hours: 6 PM to 12 AM @ 512 Kbps

Total Monthly data limit for student Package is 34 + 6 = 40 GB.

Terms and Conditions:

• Desktop modem available at activation charges of Rs.1,000, for instant connectivity to the wireless broadband world.


• Wi-Fi modem available at activation charges of Rs.1,500, enabling greater convenience for connecting all wireless devices in your home or office.


• 2Mbps endless package comes with activation charges of Rs.2500, for both desktop and Wi-Fi modems


• Pocket Modem is available on 512Kbps, 1Mbps and Family package at an activation price of Rs.1500, for complete broadband freedom on-the-go. (Not available on the Student package).


• Upon purchase of any device, you will be required to make an advance payment of refundable security deposit equal to your monthly charge, along with activation charges**** (****one time non-refundable charges)


• Excess usage will be charged at Rs. 0.10 per MB


• For returned Desktop and Wi-Fi modems, Rs. 250 will be charged for missing adapters

wi-tribe Modem and Devices for Student Package

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JAZZ Jazba introduces its new SMS offer in Pakistan, giving its subscribers the freedom of sending 600 SMS daily on all networks at just Rs.0.45 + Tax.

Now with Mobilink Jazz Jazba SMS Package you can stay in touch with your friends on any network.

Mobilink Jazz Jazba is claiming it Pakistan's Best Ever SMS offer.

The Offer:

• 600 SMS on all local networks.


• One day validity.


• Subscription charges are Rs. 0.45 plus tax.


• This offer is only valid for Jazba customers.


• This offer is valid till 31st March 2012.


• Terms and Conditions apply.

How To ?

• Simply dial *106*1# from your mobile phone to subscribe to this offer.

Validity of this Offer:

• This is a limited time offer valid till 31 March, 2012.

Note: Jazz Jazba daily package charges are Rs. 1 + tax per day.

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SEMESTER “SPRING 2012”

Financial Accounting (MGT101)

Assignment # 02

Due date: 12th April, 2012 Marks: 20

The following Trial balance was extracted from the books of ABC Company on 30th June, 2011.

Particulars

Debit

(Rs.)

Credit

(Rs.)

Cash 45,000

Accounts receivable 192,495

Plant and machinery 72,000

Land and building 246,000

Furniture and fixtures 7,800

Capital 348,000

Accounts payable 11,400

Purchases 120,000

Purchases return 6,600

Sales 210,000

Prepaid insurance 10,200

Advertisement expenses 12,000

Interest expenses 5,300

Salaries expenses 36,000

Outstanding salaries 3,000

Creditors 200,000

Carriage on sales 8,730

Carriage inwards 23,475

Total 779,000 779,000

Requirement:

a) Prepare an Income statement for the year ended 30th June, 2011 from the given Trial Balance.

(Marks: 12)

b) Also prepare a Balance sheet as on 30th June, 2011 from the given Trial Balance. (Marks: 6)

2 Marks has been assigned for formatting/presentation.

SOLUTION ON PAGE 2

ABC
Income Statement
As on 30-12-2011
REVENUE		2011
Gross sales		210000
	Less carriage of sale	8730
Net Sales		201270
Less Purchase
Purchases		120000
	Add. Carriage inward	23475
Gross Purchase		143475
	Less Purchase Return	6600
Net Purchase		136875
Gross Profit		64395
OPERATING EXPENSES
Selling
	Interest exp	5300
	Advertising	12000
Total Selling Expenses		17300
General/Administrative
	Salaries exp	36000
Total General/Administrative Expenses		36000
Total Operating Expenses		53300
NET INCOME (Profit)		11095

ABC
Balance Sheet
As on 30-12-2011
ASSETS		2011
Current Assets
Cash		45000
Accounts Receivable		192495
Prepaid Insurance		10200
	Total Current Assets	247695
Fixed Assets
Land & Building		246000
Plant & Machinery		72000
Furniture & fixtures		7800
	Total  Fixed Assets	325800
TOTAL ASSETS		573495
LIABILITIES
Current Liabilities
Accounts payable		11400
Outstanding Salaries		3000
	Total Current Liabilities	14400
Long-term Liabilities
Creditors		200000
	Total Long-term Liabilities	200000
Owner's EQUITY
Capital		348000
Net Profit		11095
	Total Owner's Equity	359095
TOTAL LIABILITIES & EQUITY		573495

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