Telecom Sector in Pakistan observed a rapid growth in 1st 2 quarters of FY 2017-18.
According to the Pakistan Economic Survey 2017-18, the telecom sector in Pakistan observed a positive growth in FY 2017-18. In addition, it also has a significant contribution to the economy of Pakistan.
Telecom Revenues are reached to Rs. 235.5 billion during Q1 and Q2 of FY 2017-18. In addition, provision of 4G Long Term Evolution (LTE) and 3G services also assisted telecom operators to maximize their revenues.
Investment in Telecom Sector in Pakistan
As far as general interest in the telecom area, the force that began in FY 2012-13 for the up-degree of telecom systems for 3G and 4G administrations has proceeded. Telecom administrators have contributed millions amid the initial two quarters of the monetary year 2017-18. The fundamental force behind this speculation is the phone versatile segment which has contributed $267.94 million amid the initial two quarters of 2017-18.
Number of Mobile Phone Users in Pakistan
Before the finish of December 2017, the aggregate number of the mobile phone users in Pakistan achieved 144.53 million. However, it is along with the net expansion of 4.77 million users amid July 2017 to December 2017. Biometric re-check of SIMs in 2014-15 adversely affected the mobile phone subscribers. Be that as it may, the industry has made due through the extreme time frame and keeps on recovering users at a quick pace and the mobile phone users have ascended to 147.5 million before the finish of February 2018.