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3G, 4G services boost telecom revenues to Rs 299 billion

byCustoms Today Report
10/06/2015
in Business
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ISLAMABAD: The commercial launch of 3G and 4G services has opened new opportunities for revenue generation for operators as revenues from telecom sector reached an estimated Rs 299 billion during first two quarters of 2014-15.

The availability of 3G and 4G services in the country from June, 2014 enabled development of new applications and database services, and people of Pakistan are quickly adopting to these new technologies and services.

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As per official figures here on Tuesday, this has resulted in surge in data revenues of cellular mobile industry, reaching Rs 37.3 billion during July-December, 2014 as compared to Rs 22.1 billion in July-December, 2013, showing an increase of 69 percent.

The revenues are expected to further increase in the coming years as more subscribers are added into the 3G and 4G fraternity, generating more data revenues of telecom industry.

With regard to telecom contribution to national exchequer, the data revealed that during the first two quarters of 2014-15, this sector contributed Rs 73.22 billion to national kitty in terms of taxes, regulatory fees, initial and annual license fees, activation tax, and other charges.

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