For the past many months, the PTA has been updating its telecom database at regular intervals. The latest data reveals that the mobile subscribers in Pakistan had reached 118.3 million as of March end 2012, an addition of nearly one million subscribers in 9MFY12.
It appears that PTCL is en route to achieve its stated objectives of consolidation of operations and diversification of revenue streams. The telecom giant posted yet another quarter of top line growth during the ongoing fiscal year. During the latest quarter ending March 31, 2012, PTCL showed revenue growth of 11.3 percent and scored a net profit of Rs.1.4 billion.
Long viewed as a minnow struggling to swim in the high seas, Zong has finally had its moment of truth. The China Mobiles subsidiary has replaced Warid Telecom and jumped up one notch to become the number four mobile network operator in Pakistan. According to the latest data released by the PTA, Zong edged past Warid, with a lead of over 250,000 subscribers as of February end 2012.
The Pakistan Telecommu-nications Authority yesterday released its latest Telecom Review, which highlighted positive growth in telecom indicators despite abysmal state of the economy. The telecom revenues reached an all time high of Rs387.15 billion in CY11, as the total teledensity had improved to 69.2 percent by December 2011.
Since 2002, the Global Information Technology Report is being published annually by the World Economic Forum in partnership with INSEAD. The GITR monitors ICT advances worldwide, and raises awareness of the impact of ICT on countries long-term competitiveness and societal well-being. This is done through identification, measurement, and benchmarking of the key drivers of national capacity.
Pakistan is among very few countries where various competing broadband technologies have been allowed by the regulator. Though current broadband subscriptions are abysmally low at less than two million; PTA expects subscriptions and users to reach 19.5 million and 78 million respectively by 2020.
The remittance flows to the developing countries were in excess of 325 billion dollars in 2010, according to the World Bank. Naturally, the financial, telecom and technology companies would want to have a shot at this lucrative market, and it appears that in some regions they are!
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