Reiterating its commitment to empowering the Pakistani society, Telenor Pakistan has unveiled Telenor Group's first Global Impact Report quantifying the socio-economic impact of the Group's contributions in its 13 global markets including Pakistan. Commissioned to KPMG, the report was developed based on an economic framework and independent study that assessed a number of the economic and social impacts Telenor Group has across the markets in which it directly operates.
The socio-economic effects captured in this study were categorised into four key aspects namely "Driving macro-economic growth", "Enabling the wider economy", "Sustainability in the supply chain" and "Telenor's contribution in crisis situations." As regards to driving macroeconomic growth, Telenor Pakistan generated over $1,793 million of GVA (Gross Added Value) for the Pakistani economy in 2015, accounting for 0.7 percent of Pakistan's total national GVA in 2015. On the employment front, Telenor directly employed 5,405 staff in Pakistan in 2015, and generated an additional 134,300 indirect jobs in Pakistan through its supply chain and a further 46,600 induced jobs linked to employee spending.
The report also highlights Telenor's $179m capital investment, and its role in public financing where it made a fiscal contribution of $339 million to the Government of Pakistan through taxes and other regulatory payments including license fees, frequency fees and numbering fees, both in the year 2015. With respect to enabling the wider economy, Telenor Pakistan's increased 3G penetration between 2011 and 2015 contributed $14,996 million to the country's GDP.-PR
Comments
Comments are closed for this article.