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!
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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.
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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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