Pakistan Telecom Industry Has Invested $18 Billion

Telecom industry of Pakistan invested a total of $18 billion in Pakistan during 2003-2018, revealed a study of official stats that are regularly released by Pakistan Telecommunication Authority.

PTA indicators further noted that the telecom sector has remained one of the largest to bring net foreign direct investment in the country during the time.

All this was achieved despite the fact that the telecom sector is not given any special attention and has remained one of the most taxed sectors in the country. So much so that government almost forgot.

PTA numbers show that mobile phone connections grew from 94 million in 2008 to 154 million in 2018. Similarly, the wireless broadband users on 3G/4G grew from zero in 2014 to 66 million in 2018, showing the fruits of the tremendous efforts put in by operators to promote technology in the country.

During the process, they invested billions to expand their networks to new territories and alongside kept upgrading their equipment to keep up with rapidly growing demand for data services.

Mobile phone companies, in their pursuit, to get every Pakistani online, changed the shape of the country by making businesses more instant and productive, simplifying peer to peer communication while elevating the lifestyles of millions of Pakistanis.

Major examples of mobile operators driven connectivity initiatives which have proven to be a game changer are Estimates suggest that more than 55 million individuals utilize one of the above services in one form or another. resource by propakistani.

Not to mention, mobile phone services are ultra cheap in Pakistan, thanks to extensive price war with-in the operators. The prices, which are the lowest in the region, have helped increase adoption and average data usage by consumers.

If we talk about numbers, data consumption of Pakistani mobile phone users grew almost 5 times from 260,997 TBs in 2016 to 1,258,843 TBs in 2018.