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Seventeen various assembly plants have produced 17.62 million mobile handsets including 4G-enabled smartphones locally in Pakistan in the past two years to cater to the increasing local demand of the country. According to the annual report of the Pakistan Telecommunication Authority (PTA), these plants produced over 11 million mobile devices, including 4G smartphones in 2019, only. In the first nine months of 2020, the plants assembled around 6.62 million devices, out of which 0.68 million were 4G-enables devices. The telecom regulatory under the ministry concerned has issued licenses to 29 l...

Telcos Earned Rs. 537.2 Billion and Contributed Taxes of Rs. 137 Billion in FY2020: PTA The Telecom sector in Pakistan withstood the impact of COVID-19 and showed sustainable revenues of Rs. 537.2 billion in the fiscal year 2019-20 (FY2020) as compared to Rs. 550.4 billion in FY2019. The sector also made a significant contribution of $622.5 million (24 percent) to the total net Foreign Direct Investment (FDI) in the country. This was revealed by the Annual Report 2020 released by the Pakistan Telecommunication Authority (PTA) on Thursday. ALSO READ The sector’s contribution to the national ...

Mobile phones' import witnessed an increase of 52.37 percent in the first half (July-December) of the fiscal year 2020-2021 as it remained worth $938.83

Press ReleaseLast Updated: Jan 18, 2021 Telecom sector has emerged as a prominent contributor to Pakistan’s economy and the sector contribution to the national exchequer has shown an increase of 129% in year 2020 when compared to year 2019, despite economy being under pressure due to COVID effects. As per Pakistan Telecom Authority (PTA) Annual Report 2020, released here today, the sector contributed PKR 278b (including PTA deposits to national exchequer) in FY 2020 as compared to PKR 121 billion in FY 2019 registering Year-on-Year growth of 129%. A surge in demand for telecom services due ...

Business January 16, 2021 ISLAMABAD: Telecom sector’s contribution to the national exchequer jumped 129 percent to Rs278 billion in FY20, compared to Rs121 billion in FY19, largely due to an unprecedented spike in the usage of services during virus restrictions, a report said on Friday. “A surge in demand for telecom services due to lockdown resulted in significant growth not only in subscriber base but also in the usage of telecom services. Today, data usage stands at 4,498 Peta Bytes (FY2020) as compared to 2,545 Peta Bytes (FY 2019) showing a growth of over 77 percent,” sta...