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Chairman PTA presents Annual Report to PM

January 27, 2024 at 10:13 am | Economic Affairs

Chairman PTA presents Annual Report 2023 to Prime Minister

Press Release

The report highlights that the telecom sector generated Rs. 850 billion in terms of revenues in financial year 2022-23, showing a growth of 17% despite economic challenges.

Chairman Pakistan Telecommunication Authority (PTA), Maj General (Retd) Hafeez-ur- Rehman, called on the caretaker prime minister of Pakistan, Anwaar-ul-Haq Kakar to present PTA’s Annual Report for the year 2023. This report encapsulates the noteworthy progress and advancements witnessed in the telecommunications industry throughout the preceding year.

During the meeting, Chairman PTA highlighted key milestones, innovative initiatives, and strategic interventions undertaken by PTA to enhance connectivity and ensure the provision of high-quality services to the citizens of Pakistan.

The caretaker prime minister expressed his commendation for PTA’s efforts and acknowledged the pivotal role played by PTA in fostering growth and development within the telecom industry. The meeting provided a platform for insightful discussion on the evolving landscape of telecommunications, and its impact on the socio-economic fabric of the nation.

The report highlights that the telecom sector generated Rs. 850 billion in terms of revenues in financial year 2022-23, showing a growth of 17% despite economic challenges. Moreover, cellular mobile services are available to 90% of Pakistan’s population. Telecom subscribers reached an impressive 192 million at the end of September 2023 with 130 million broadband subscribers. Several regulatory measures and initiatives were taken during the reported year for the growth and development of the sector.

The Annual Report 2023 serves as a testament to PTA’s commitment to steering the telecom industry towards digital transformation and aligning it with global standards. The report will be available on PTA website on Monday, 29th January 2024.

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