The telecommunication industry attracted foreign direct funding of $ 6.1 billion from July 1, 2018, to March 30, 2022, said Federal Minister for IT and Telecommunication Syed Amin Ul Haque.
In his message on the event of ‘World Telecommunication and Information Society Day’, Federal Minister for IT stated that the number of active cell SIMs reached 193 million by means of March 2022 due to reforms within the telecom sector, and cell and fixed Broadband customers’ number noticed 39.4 percent boom, he stated.
He said that innovative steps had been taken inside the facts era and telecommunication region inside the remaining 3 years in Pakistan. The wide variety of lively cellular SIMs reached 193 million by way of March 2022 due to reforms in the telecom sector, and cellular and fixed Broadband clients noticed a 39.4 percent increase, he added.
IT Minister Syed Amin Ul Haque stated that tasks had been began via Universal Service Fund (USF), the attached department of the Ministry of IT & Telecom, for the supply of broadband offerings throughout the us of a. Over 37 tasks really worth Rs. 31 billion have been released via June 2021, and up to 50 to 75 percentage of labor has been finished on most of these initiatives, he unique.
The Federal Minister said that Rs. 6.Forty seven billion are being spent on nine one-of-a-kind initiatives of optical fiber and broadband offerings in Punjab, and 9 initiatives really worth over Rs 8.Forty eight billion are also underway in Sindh for the provision of excessive-velocity net and laying of fiber optical in the province.
The variety of initiatives for the 14 districts of Baluchistan is eleven costing Rs. 8.43 billion. Over Rs. 7.08 billion are being spent on 8 distinctive initiatives of broadband services and optical fiber in fourteen districts of KPK, he stated.
Syed Amin Ul Haque stated that Rs. 29 billion also are being spent on 28 tasks for the availability of broadband services in a ways-flung regions at some stage in the cutting-edge financial yr.
Work is also occurring on nine exceptional projects for laying fiber optic cable in all 4 provinces. 4,746 kilometers long cable is being laid that allows you to value Rs. Thirteen.14 billion, he added. He stated that USF completed projects for the availability of mobile networks on 1,929 kilometers of most important highways.