Telecom Revenues Reach to Rs 234.9 Billion During Last Six Months

The telecom sector of Pakistan has witnessed a huge boom after the launch of 3G & 4G services in the country. In 2004, Pakistan had just 5 million mobile phone users whereas presently the figure has exceeded to around 139 million. Who could have thought of such a mind blowing increase in this figure? Today, Pakistan has over 39 million 3G/4G subscribers and an annual 70% cellular tele-density rate, according to PTA. Telecom Revenues Reach to Rs 234.9 Billion During Last Six Months.

Due to the increasing demand and potential of telecom services in the Pakistan, the telecom revenues from the sector have reached around Rs. 234.9 billion during first two quarters of current fiscal year.

Telecom Revenues Reach to Rs 234.9 Billion During Last Six Months

As the availability of 3G/4G services has enabled the development of new applications and m-services for the people of country. Additionally the public is also quickly adapting these new technologies and services.

Similarly, during first two quarters of 2016-17, telecom sector contributed estimated Rs. 53.76 billion to the national exchequer in terms of regulatory fees, taxes, initial and annual license fees, activation tax and other charges.

Recommended: Mobile Broadband has Potential to Significantly Increase Telecom Revenues

Source: The Nation