According to the Pakistan Telecommunication Authority’s (PTA) annual report for 2023, Pakistan’s telecom sector generated Rs. 850 billion in income in fiscal year 2022-23 (FY23), representing a 17 percent increase despite economic constraints.
PTA Chairman Major General (Retired) Hafeez-ur-Rehman handed over the report to Caretaker Prime Minister Anwaar ul Haq Kakar on Friday.
In a brief statement, the regulator stated that this financial accomplishment not only demonstrates the durability of Pakistan’s telecommunications sector, but also has a favourable impact on the country’s economic environment.
The chairman informed the caretaker prime minister that Pakistan has achieved an impressive 90 percent coverage of mobile services across the country.
This means that even the most isolated locations are now connected, allowing individuals throughout the country to benefit from communication and connectivity.
According to the report, the number of mobile phone users has grown exponentially, reaching 192 million. Furthermore, the number of high-speed broadband customers surpassed 130 million.
The premier praised the PTA chairman and his colleagues for their efforts to bridge the digital divide. He expressed his gratitude for the impact of PTA initiatives, emphasising the role of technology in promoting socioeconomic growth.
The chairman also offered details about upcoming projects targeted at increasing mobile and internet services to reach a larger audience.
The goal is to make digital connectivity an intrinsic part of everyday life, contributing to the nation’s overall progress and development, he said. PTA stated that the full report will be published on its website on January 29th.
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