Saturday, January 28, 2012

Revenue of Telecom Sector of Pakistan is all time high in the year 2011




The revenue of telecom operators in Pakistan swelled to an all-time high of Rs363 billion in 2011, registering a boost of 5.4% compared to the previous year, according to a report published by the Pakistan Telecom Authority.
During the fiscal year 2011, cellular revenues went up by 11% to reach Rs262,761 million in comparison to Rs236,047 million in 2010.
The telecom sector also made its highest ever contribution to the national exchequer in 2011, as approximately Rs117 billion were deposited by telecom companies and the PTA with a growth of 7%.
The cellular mobile sector also proved to be the lead contributor as the telecom sector invested a total of $495.8 million in the fiscal year.
Telecom sector made its highest ever contribution to the national exchequer in the FY 2011 as around Rs. 117 billion were placed by the telecom companies and PTA compared to Rs. 109.1 billion that were deposited in the kitty last year, showing 7% growth during FY 2011.
Telecom Investment
During FY 2011, telecom sector invested US$ 495.8 million with cellular mobile sector being the leading contributor. In addition, USF invested Rs. 3.5 billion in un-served and underserved areas.
In FY 2011, telecom sector attracted over US$ 79 million FDI in the country which is about 5% of the total FDI which came to Pakistan.

(C) Pro Pakistani

No comments:

Post a Comment