The telecom sector of Pakistan has touched Rs. 235 billion in revenue during the first two quarters of the Fiscal year 2017-18, according to the Economic Survey 2017-18.
The report also reveals that the broadband penetration has risen from 3.7 million to 52 million owing to the enabling telecom policies and spectrum auction of next-generation mobile services bringing 3G and 4G technologies in Pakistan.
During the first two quarters of the current fiscal year, the telecom operators invested around $322.9 million where the most of this investment was made by the cellular mobile sector amounting to $267.94 million.
It is no hidden fact that the telecom sector is one of the main contributors to the national exchequer and during the first two quarters of FY 2017-18 it contributed Rs. 78.62 billion to the national kitty in terms of taxes, regulatory fees, initial and annual license fees, activation tax, and other charges.
As of March 2018, the total cellular subscribers have reached the 149 million mark where there are 53 million 3G/4G subscribers and 56 million broadband subscribers in Pakistan, according to the statistics provided by Pakistan Telecommunication Authority (PTA).
According to the Economic survey, the telecom sector has survived through a tough period and still continues to gain subscribers at a fast pace.