With the current growing pace of telecommunication, the telecom sector of our country has witnessed a spectacular growth in the recent past. This advancement and growth in the sector is also having positive impact on the underdeveloped economy and most backward society of Balochistan, which despite least developed province of the country, enjoying satisfactory growth level of telecom consumers and the quality of telecom services provided to them are …
Read More »Warid telecom tops 4G LTE customers in Pakistan
With its 10th anniversary, Warid Telecom has achieved yet another milestone by becoming Pakistan’s largest and fastest growing 4G LTE network in less than 6 months. The company’s triumphant progress lies in its unflinching devotion and commitment to the provision of advanced services for its valuable customers. Having attained immense popularity, Warid Telecom owes its ground-breaking repute to the numerous services it has brought forth in the last decade, …
Read More »Boom of handheld devices and telecom
Mobile phones have been an every growing business in Pakistan, which affects demand and use for online banking. The cellular industry of Pakistan is regarded to be the best in Asia in terms of sales and has attracted many foreign cellular operators for investments. China looks at the Pakistani market with hawk’s eye. China has an ever-growing market for phones and the best market for Chinese brands is Pakistan. …
Read More »Demand for smartphones growing amid Wifi services
Smartphones segment is the main growth contribution of the telecom devices market in Pakistan Smartphone penetration grew at a steady pace as it accounted 13% in January 2013, 23% in January 2014 and subsequently reached 31% by January 2015. According to recent market analysis, with 600k units sold in January 2015, smartphones segment is the main growth contribution of the telecom devices market in Pakistan. Development of Low End …
Read More »Smartphone becoming popular in Pakistan
There has been a complete change in the people’s lives moving from regular mobile handsets to smartphone over the years. The development of telecom and mobile services had the substantial prospective to influence socio-economic development further through the provision of high value 3G and 4G data services from smartphone to businesses and consumers across the region. Pakistan with the population of about 200 million is the 6th most populated …
Read More »Pakistan has become an attractive telecom market for foreign and local firms
Pakistan is rapidly evolving as one of the telecom sector’s key investment prospects. The telecom sector has witnessed a significant year-to-year growth in the country. About 90 percent of Pakistanis live within areas that have cell phone coverage and more than half of the total population has access to a cell phone. The country’s telecom infrastructure is improving dramatically with foreign and domestic investments into fixed-line and mobile networks; …
Read More »Telecom: A booming industry of Pakistan with promising and vibrant future
Total revenues of Pakistan’s telecom sector have been raised to Rs452.8 billion in fiscal year 2016 as compared to Rs446 billion in fiscal year 2015. The telecom sector in Pakistan, besides the auto industry, is moving in fast path enjoying high demand as it contributed Rs157.8 billion to the national exchequer. Increasing is ongoing in several sectors in which IT and mobile companies are providing new services and the …
Read More »Brunt of taxation on the ICT industry
Many in the telecom industry have, for years now, been advocating for a reduction in the indiscriminately high telecom taxes. The 2016-17 budget in Pakistan got diverse reactions from the Information and Communication Technology (ICT) industry. It raised taxes on mobile phones. But there was good news for IT sector in the form of tax exemption on software exports with reasonably satisfactory budget for development projects. The government generated …
Read More »Telecom: The most vibrant sector to allure foreign investment
The telecom sector fetched more than $3.9 billion overall investment during last four years for which cellular mobile sector was the main driver behind this achievement. In terms of overall investment in telecom sector, the momentum started in fiscal year 2013 after the up-gradation of telecom networks by 3G and 4G services onward while telecom operators invested a significant amount of $589 million during July- March 2015-16. The availability …
Read More »Taxation trouble for an upswing telecom sector
Industry needs more innovative ideas and better customer services Telecom sector is playing a pivotal role in the growth of country’s economy in provisions of providing employment and attracting investment. The sector is making valid contribution to national exchequer despite facing deep taxes. As per estimates, total telecom investments in Pakistan will likely to reach $2.4 billion by 2020, while its revenue would cross Rs620 billion mark by the …
Read More »