{"id":114497,"date":"2020-03-28T12:13:56","date_gmt":"2020-03-28T02:13:56","guid":{"rendered":"http:\/\/leadpakistan.com.pk\/news\/?p=114497"},"modified":"2020-03-28T12:13:56","modified_gmt":"2020-03-28T02:13:56","slug":"telecom-sector-revenues-cross-pkr-552-billion-in-2019","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/telecom-sector-revenues-cross-pkr-552-billion-in-2019\/","title":{"rendered":"Telecom sector revenues cross PKR 552 billion in 2019"},"content":{"rendered":"<p>DNA<br \/>\nISLAMABAD<br \/>\nAccording to the Annual Report 2018-2019 issued by Pakistan Telecommunication Authority (PTA), telecom sector contributed over 96 billion to the national exchequer in terms of taxes, duties and levies, attracted investments to the tune of US$ 636 million while sector revenue crossed Rs. 552 billion. Sector attracted USD 236 million FDI during the year.<br \/>\nThe Annual Report presents a comprehensive overview of the PTA and telecommunication sector\u2019s performance for the year 2018-19. PTA Annual Report is a regular feature under section 18 of the Pakistan Telecom Reorganization Act, 1996, depicting performance over previous year.<br \/>\nAs per PTA Annual Report, telecom sector continued to grow positively in terms of subscription, revenues and teledensity. The sector showed a steady growth in subscribers and total subscriber base increased to 163.5 million at the end of FY 2018-19, showing a year-on year growth of 7%.<br \/>\nTotal teledensity reached to 77.7% where the main contribution is by the mobile sector with penetration crossing 76.4%. Pakistan has over 44,919 cell sites covering the length and breadth of the country.<br \/>\nSubscription and usage of Broadband service in the country has seen an exponential growth. Data usage over broadband networks was 2,545 PB for FY 2018-19 from 1, 207 PB in FY 2017-18 showing a year-on-year growth of 113%.<br \/>\nIn order to promote latest technologies, PTA took number of initiatives. To set the stage for launch of 5G technology in future, PTA unveiled plans for tests and trials of 5G which is expected to reshape the technological, social and economic landscape of Pakistan.<br \/>\nPTA as a regulator kept playing its role prudently by ensuring an open, competitive, fair and well-regulated sector. PTA has made a meaningful contribution to the national economy by restricting import of mobile devices through grey channels by implementing Device Identification Registration and Blocking System (DIRBS).<br \/>\nResultantly, import of mobile phones through illegal channels has been minimized and FBR\u2019s revenues increased exponentially. Implementation of DIRBS has also created incentive for local assembly \/ manufacture of mobile phones. PTA has also been working very closely with the State Bank of Pakistan (SBP) for enhancing digital payments.<br \/>\nExpanding 4G coverage through latest technology, promoting broadband connectivity, availability of additional spectrum to mobile operators, affordable 4G handsets, addressing Right of Way (RoW) issues, expanding fiber connectivity, improved Quality of Service (QoS) parameters, ensuring better coverage, and 5G technology testing and preparations will continue to be PTA\u2019s priority areas in the current year.   The PTA annual report can be accessed online through PTA website www.pta.gov.pk <\/p>\n","protected":false},"excerpt":{"rendered":"<p>DNA ISLAMABAD According to the Annual Report 2018-2019 issued by Pakistan Telecommunication Authority (PTA), telecom sector contributed over 96 billion to the national exchequer in terms of taxes, duties and levies, attracted investments to the tune of US$ 636 million while sector revenue crossed Rs. 552 billion. Sector attracted USD 236 million FDI during the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-114497","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Telecom sector revenues cross PKR 552 billion in 2019<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/telecom-sector-revenues-cross-pkr-552-billion-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Telecom sector revenues cross PKR 552 billion in 2019\" \/>\n<meta property=\"og:description\" content=\"DNA ISLAMABAD According to the Annual Report 2018-2019 issued by Pakistan Telecommunication Authority (PTA), telecom sector contributed over 96 billion to the national exchequer in terms of taxes, duties and levies, attracted investments to the tune of US$ 636 million while sector revenue crossed Rs. 552 billion. 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