Telecom Sector Revenue Grows 17% to Rs. 850 Billion in FY23.
Pakistan’s Telecom Blasts Off! 17% Revenue Surge Defies Economic Headwinds
Good news for tech enthusiasts in Pakistan! Despite economic hiccups, the telecom sector has rocketed, generating a whopping Rs. 850 billion in revenue for FY23 – a staggering 17% jump!
This record-breaking performance unveiled in the Pakistan Telecommunication Authority (PTA) annual report, paints a vibrant picture of a resilient industry fueling the country’s economic engine.
Connecting Every Corner:
- Mobile for All: Access to mobile services has skyrocketed to an incredible 90% nationwide, ensuring even the remotest regions aren’t left behind in the digital age.
- Boom in Users: Pakistan’s mobile phone army has surged to a mighty 192 million strong, showcasing the nation’s insatiable appetite for connectivity.
- Data Deluge: High-speed broadband users have exploded to a whopping 130 million, reflecting Pakistan’s rapid embrace of the digital realm.
Applauding the Champions:
PTA Chairman Major General (Retired) Hafeez-ur-Rehman received a well-deserved pat on the back from Caretaker Prime Minister Anwaar ul Haq Kakar.
The Prime Minister lauded PTA’s efforts to bridge the digital divide, recognizing the crucial role technology plays in propelling socio-economic growth.
The Future is Wireless:
This remarkable performance highlights the pivotal role the telecom sector will play in shaping Pakistan’s future. With robust infrastructure, a booming user base, and a thirst for digital transformation, the sky’s the limit for Pakistan’s tech landscape.
But wait, there’s more! The PTA Chairman, Major General (Retired) Hafeez-ur-Rehman, didn’t just celebrate past achievements – he unveiled exciting plans for the future. His vision? To stretch the digital net even further, ensuring no one is left behind in the online world.
Connecting Every Citizen:
- Future-proof Infrastructure: The PTA is committed to expanding mobile and internet services, reaching even the most remote and underserved areas.
- Digital Lifeline: The goal is to make digital connectivity not just a luxury, but an essential part of everyday life. This includes access to education, healthcare, and economic opportunities.
- Development Catalyst: By bridging the digital divide, the PTA aims to fuel national progress and development. A connected Pakistan is a more prosperous and empowered Pakistan.
Stay Tuned for More:
The full PTA report, packed with even more details and insights, will be available on their website on January 29th. Mark your calendars, tech enthusiasts!
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