Mobile Phone Imports Increase by 4.23% During 2015-16

As compared to same period last year mobile phone imports in the country have recorded 4.23% rise during year 2015-16. Overall imports of mobile phone stood at $753.22 million in 2015-16. Marginally up from $722.622 million in same period previous year.

Mobile Phone Imports Increase by 4.23% During 2015-16

According to Pakistan Bureau of Statistics (PBS), total telecom import witnessed debility of 0.86 percent during July 2015 to June 2016 as compared to same period last year.

Also Read: Mobile Phone Imports Reach US $ 375m During the First Half of Current Fiscal year

A telecom news portal stated that overall telecom imports were registered at $ 1.365 billion in 2015-16 as compared to $1.377 billion in same span of previous year.

Other telecom device import also observed decline of 6.48 percent during this period. As it stood at $ 612.113 million during July-June (2015-16) against $ 654.508 million during same period of last year.

Analysts revealed that telecom sector has come to a ridge with respect to groundwork outlay and other apparatus. The decline in inclusive telecom import is justifiable.

Nevertheless, mobile phone import bill is probable to nurture during years to come. Early adaptation of 3G/4G service that now account to almost 29 million users, is majorly disbursed by consumers who were already smartphone users.

This drift is varying with time as more and more consumers have already started to shift to smartphones. The shift is mainly to access 3G and 4G services or even if not to use OTT services, such as Skype, Whatsapp over WiFi.

Other enticements for smartphone variation comprise better user involvement and value added services like video streaming, improved photography and gaming.

Mobile phones are likely to cross 50 percent of smartphones in Pakistan. There are three 4G players now, Zong, Telenor and Warid/Mobilink. 4G smartphones will be available during next 2-3 years.

With Telenor and Mobilink hurdling into the competition the drift is going to shift. More 4G handsets are possible to start evolving in Pakistan. This will lead towards a rapid surge in import bill of smartphones.

For Detailed Report Please Visit: Pakistan Bureau of Statistics