StormFiber, a Pakistani fiber broadband service provider, expands its triple play (TV, Telephone, and Internet) service to Multan.
Well-established in four major Pakistani cities, Karachi, Lahore, Faisalabad and Peshawar, StormFiber has set its sights on expanding its footprint across the country.
StormFiber celebrated its foray into Multan, the fifth largest city of Pakistan, at an event organized at a local hotel on July 9th, 2018.
The introduction of fiber-based gigabit internet connectivity of StormFiber (backed by Cybernet) will help Multan bridge the digital infrastructure gap and bring it on par with global metropolitan cities.
Ultra-fast and stable broadband service is an important catalyst for economic development in the modern era.
To further these national interests, StormFiber aims to deliver consistent internet services on FTTH infrastructure, along with HD television and crystal-clear voice services.
Speaking at the event, Mr. Danish Lakhani, CEO StormFiber said: “One of the primary impediments in increasing penetration of fiber broadband has been the high cost of bringing optical fiber to every home. .
In his speech, Mr. Lakhani highlighted the immense impact of increased fiber broadband penetration on the GDP of countries. While excited and grateful for having the opportunity to serve the people of Multan, the CEO stated that the project was not without its challenges.
He added “We are a completely apolitical organization. Speaking purely as investors and for a company that is a direct contributor to the exchequer in terms of taxes, PTA, USF and APC fees, we regret the unsupportive stance of MOITT and the PTA under the previous regime. Sadly, many government bodies and institutions under the previous regime had forgotten that they are funded by taxpayers and licensees and their primary job is to listen to and help resolve issues related to telecom and encourage investment to benefit the people.”
Mr. Lakhani stated that as a Pakistani he is still optimistic and believes that whoever wins the next election will recognize the importance of IT and fixed broadband and will – it is hoped –appoint competent Ministers with first-hand knowledge of telecom and will resolve right of way issues and rationalize taxes that stand at a whopping 32% of every household broadband subscription (not including duties and taxes at the import stage).
Compare this to the United States where the Permanent Internet Tax Freedom Act is now a law which specifically prohibits a tax on broadband services for all times to come. He concluded by stating that Cybernet believes that a robust fiber-based broadband network is of equal importance to a robust transportation network.
StormFiber has entered Multan by offering its services in the following important areas initially with the intention to extend its reach into other parts of the city soon.
- Zakariya Town
- Bosan Road
- Wapda Town
The company has deployed its backbones in and plans to roll out its high-speed service in the following additional cities including Islamabad, Rawalpindi, Gujranwala, Hyderabad, Sargodha, Sialkot, Quetta and many others.