IT sector attracts $2.253bn in 2yrs

[Omar1984]

IT sector attracts $2.253bn in 2yrs​

ISLAMABAD: The telecom sector performed well in all its spheres during the past two years as the overall teledensity increased from 58.7 percent to 63.5 percent and total foreign direct investment (FDI) was recorded at $2.253 billion.

As per the statistics available with this news agency, the Ministry of Information Technology and Telecom and its attached departments performed well and overall growth was witnessed in the ministry.

Despite inching towards a saturation stage, the telecom sector received $1.438 billion in year 2008 and $815 million in the following year - 2009 as FDI in different projects in the ministry and its attached departments.

The total Internet users of the country rose to 19 million with total broadband users rising to 413,809 million. Total direct and indirect jobs in the telecom sector are 1.36 million.

During the past two years, the total phone lines increased from 94.695 million to 103.801 million with mobile lines increasing from 88.019 million to 97.58 million, almost 59.6 percent upward slide, while the fixed lines declined from 4.416 million to 3.526 million, almost 2.2 percent downward slide. The democratic government, after taking over in February 2008, came forward with policy reforms and policy directives for the telecom sector for year 2010.

Under policy directives, class regime for value-added is going to be introduced besides the introduction of policy framework for launching Mobile Banking solutions. It was also decided to redefine framework for deployment of Cellular Jammers. Checking of anti-competitive behaviour of the incumbent with respect to availability of network resources and co-location service for the new Land Line (LL) operators.

It was also decided to introduce Equipment Identity Register (EIR) regime to combat the threat of mobile handsets theft in larger public interest. Moreover, the closure of telecom services due to national security concerns also was agreed.

Pakistan Telecommuni-cation Authority (PTA) Chairman Dr Mohammad Yasin opined that Pakistan’s telecommunication sector was growing faster, even more rapidly than that of India with over 63 percent teledensity, encouraging the FDI.

“Look, India is lagging far behind Pakistan with 37 percent teledensity as compared to 63.5 percent in Pakistan. Pakistan’s FDI policy is much more liberal than that of India to attract more investment in Pakistan’s telecom sector,” he added.

The PTA chief was of the view that the ever-growing teledensity of Pakistan is unleashing new vistas of opportunities to the foreign and local investors for better returns, especially in the field of data services.

“Services like mobile Internet, mobile banking and Internet Protocol Television hold fortunes for any wise investor,” he added.

The Telecom analysts around the world still believe in Pakistan to be a lucrative market and business monitor forecasts that mobile subscribers in Pakistan would hit 100-million mark by next year.

The sector has been growing at a rapid pace where growth rates have become the hallmark. Although a bit slower growth, of only 7 percent, was observed in mobile sector last year, this trend cannot be attributed only to saturation as there are factors like international financial crisis, devaluation of rupee, security situation and re-registration of SIM programme.

National Telecommunic-ation Corporation (NTC), Special Communications Organisation, Universal Service Fund Company, National ICT R&D Fund Company, Telephone Industries of Pakistan, Pakistan Telecom Employees Trust and Telecom Foundation are the attached departments of the MoIT&T. app

 

[Hyde]

great news............ yeah Telecom industry is increasing 50% + each year i remember this industry to be worth 500 million 2-3 years ago and now its 2.5 billion dollars Masha'Allah.

Wait for 10 years and it might reach 20 billion dollars or so

Great news

 

[Chanakyaa]

Good news indeed.
Congratulations.

 

[dvk1982]

IT sector attracts $2.253bn in 2yrs​

ISLAMABAD: The telecom sector performed well in all its spheres during the past two years as the overall teledensity increased from 58.7 percent to 63.5 percent and total foreign direct investment (FDI) was recorded at $2.253 billion.

As per the statistics available with this news agency, the Ministry of Information Technology and Telecom and its attached departments performed well and overall growth was witnessed in the ministry.

Despite inching towards a saturation stage, the telecom sector received $1.438 billion in year 2008 and $815 million in the following year - 2009 as FDI in different projects in the ministry and its attached departments.

The total Internet users of the country rose to 19 million with total broadband users rising to 413,809 million. Total direct and indirect jobs in the telecom sector are 1.36 million.

During the past two years, the total phone lines increased from 94.695 million to 103.801 million with mobile lines increasing from 88.019 million to 97.58 million, almost 59.6 percent upward slide, while the fixed lines declined from 4.416 million to 3.526 million, almost 2.2 percent downward slide. The democratic government, after taking over in February 2008, came forward with policy reforms and policy directives for the telecom sector for year 2010.

Under policy directives, class regime for value-added is going to be introduced besides the introduction of policy framework for launching Mobile Banking solutions. It was also decided to redefine framework for deployment of Cellular Jammers. Checking of anti-competitive behaviour of the incumbent with respect to availability of network resources and co-location service for the new Land Line (LL) operators.

It was also decided to introduce Equipment Identity Register (EIR) regime to combat the threat of mobile handsets theft in larger public interest. Moreover, the closure of telecom services due to national security concerns also was agreed.

Pakistan Telecommuni-cation Authority (PTA) Chairman Dr Mohammad Yasin opined that Pakistan’s telecommunication sector was growing faster, even more rapidly than that of India with over 63 percent teledensity, encouraging the FDI.

“Look, India is lagging far behind Pakistan with 37 percent teledensity as compared to 63.5 percent in Pakistan. Pakistan’s FDI policy is much more liberal than that of India to attract more investment in Pakistan’s telecom sector,” he added.

The PTA chief was of the view that the ever-growing teledensity of Pakistan is unleashing new vistas of opportunities to the foreign and local investors for better returns, especially in the field of data services.

“Services like mobile Internet, mobile banking and Internet Protocol Television hold fortunes for any wise investor,” he added.

The Telecom analysts around the world still believe in Pakistan to be a lucrative market and business monitor forecasts that mobile subscribers in Pakistan would hit 100-million mark by next year.

The sector has been growing at a rapid pace where growth rates have become the hallmark. Although a bit slower growth, of only 7 percent, was observed in mobile sector last year, this trend cannot be attributed only to saturation as there are factors like international financial crisis, devaluation of rupee, security situation and re-registration of SIM programme.

National Telecommunic-ation Corporation (NTC), Special Communications Organisation, Universal Service Fund Company, National ICT R&D Fund Company, Telephone Industries of Pakistan, Pakistan Telecom Employees Trust and Telecom Foundation are the attached departments of the MoIT&T. app

is this a consistent mistake by pak journalists when comparing with india or just a coincidence ? I have seen soo many times discrepencies esp w.r.t India...


I don't know from where ur article gets its data and claims that India's teledensity is only 37% !! last time i remeber just cell phones subscription has crossed 500 million mark 2-3 months back.

India's overall teledensity at 49.50 :: Andhra Business : Growing with AP :

check this story, the teledensity of India at the end of Jan 2010 was close to 50% and as we add every month around 15 million, i guess it wud be now close to 51-52% as recently Reliance has become a 100 million subscribers company alone.

Don't know what else have been exxagerated for pak to show india in poor light...

 

[Omar1984]

is this a consistent mistake by pak journalists when comparing with india or just a coincidence ? I have seen soo many times discrepencies esp w.r.t India...


I don't know from where ur article gets its data and claims that India's teledensity is only 37% !! last time i remeber just cell phones subscription has crossed 500 million mark 2-3 months back.

India's overall teledensity at 49.50 :: Andhra Business : Growing with AP :

check this story, the teledensity of India at the end of Jan 2010 was close to 50% and as we add every month around 15 million, i guess it wud be now close to 51-52% as recently Reliance has become a 100 million subscribers company alone.

Don't know what else have been exxagerated for pak to show india in poor light...

India's population is more than 1.2 billion. Pakistan's population is 175 million.

The teledensity of Pakistan is 63.5% still far better than india.

 

[dvk1982]

India's population is more than 1.2 billion. Pakistan's population is 175 million.

The teledensity of Pakistan is 63.5% still far better than india.

I guess, I understand that much .. 50% <63%
My point was how the article exaggerates by showing indias number lower by 13%...

and any statistician wud say comparing a 1.2 Billion with .18 billion is silly. As it is said, earning 50 cents on a 1 $ is easier than earning 50$ on 100$ principle.

My point is don't exaggerate and the comparision is wrong just becoz the base is soo different. BUT, It is gud for pakistan to have a good growth in telecom industry. Congratz.

 

[AgNoStiC MuSliM]

I don't think the number was an exaggeration. Google it and the 37&#37; number is mentioned by multiple sources as of March 2009.

While it may have certainly changed since then, the author may not have come across the updated numbers and used the March 2009 one which is not really that old.

 

[Bang Galore]

IT sector attracts $2.253bn in 2yrs​

ISLAMABAD: The telecom sector performed well in all its spheres during the past two years as the overall teledensity increased from 58.7 percent to 63.5 percent and total foreign direct investment (FDI) was recorded at $2.253 billion.

Despite inching towards a saturation stage, the telecom sector received $1.438 billion in year 2008 and $815 million in the following year - 2009 as FDI in different projects in the ministry and its attached departments.


Pakistan Telecommuni-cation Authority (PTA) Chairman Dr Mohammad Yasin opined that Pakistan&#8217;s telecommunication sector was growing faster, even more rapidly than that of India with over 63 percent teledensity, encouraging the FDI.

&#8220;Look, India is lagging far behind Pakistan with 37 percent teledensity as compared to 63.5 percent in Pakistan. Pakistan&#8217;s FDI policy is much more liberal than that of India to attract more investment in Pakistan&#8217;s telecom sector,&#8221; he added.

&#8220;Services like mobile Internet, mobile banking and Internet Protocol Television hold fortunes for any wise investor,&#8221; he added.

The Telecom analysts around the world still believe in Pakistan to be a lucrative market and business monitor forecasts that mobile subscribers in Pakistan would hit 100-million mark by next year.

The sector has been growing at a rapid pace where growth rates have become the hallmark. Although a bit slower growth, of only 7 percent, was observed in mobile sector last year, this trend cannot be attributed only to saturation as there are factors like international financial crisis, devaluation of rupee, security situation and re-registration of SIM programme.

There was no necessity to compare with India since any comparison actually shows Pakistan in a disadvantageous position. Some of the comparison is downright silly. He said India had a poorer teledensity and Pakistan's was higher at 63.5&#37;. Without going into the accuracy of those figures, the simple fact of India being at a lower teledensity with a much larger population would make India a more attractive destination compared to Pakistan. At other places it is suggested that Pakistan has reached close to saturation point and that it has a lower growth rate thus undermining his own case. What on earth would make this gentleman bring India to the discussion where some of the telecom companies have annual profits between$1.5 to 2 Billion and are nationally adding 10-15 million subscribers every month ?

 

[Justin Joseph]

IT sector attracts $2.253bn in 2yrs​

ISLAMABAD: The telecom sector performed well in all its spheres during the past two years as the overall teledensity increased from 58.7 percent to 63.5 percent and total foreign direct investment (FDI) was recorded at $2.253 billion.

As per the statistics available with this news agency, the Ministry of Information Technology and Telecom and its attached departments performed well and overall growth was witnessed in the ministry.

Despite inching towards a saturation stage, the telecom sector received $1.438 billion in year 2008 and $815 million in the following year - 2009 as FDI in different projects in the ministry and its attached departments.

The total Internet users of the country rose to 19 million with total broadband users rising to 413,809 million. Total direct and indirect jobs in the telecom sector are 1.36 million.

During the past two years, the total phone lines increased from 94.695 million to 103.801 million with mobile lines increasing from 88.019 million to 97.58 million, almost 59.6 percent upward slide, while the fixed lines declined from 4.416 million to 3.526 million, almost 2.2 percent downward slide. The democratic government, after taking over in February 2008, came forward with policy reforms and policy directives for the telecom sector for year 2010.

Under policy directives, class regime for value-added is going to be introduced besides the introduction of policy framework for launching Mobile Banking solutions. It was also decided to redefine framework for deployment of Cellular Jammers. Checking of anti-competitive behaviour of the incumbent with respect to availability of network resources and co-location service for the new Land Line (LL) operators.

It was also decided to introduce Equipment Identity Register (EIR) regime to combat the threat of mobile handsets theft in larger public interest. Moreover, the closure of telecom services due to national security concerns also was agreed.

Pakistan Telecommuni-cation Authority (PTA) Chairman Dr Mohammad Yasin opined that Pakistan’s telecommunication sector was growing faster, even more rapidly than that of India with over 63 percent teledensity, encouraging the FDI.

“Look, India is lagging far behind Pakistan with 37 percent teledensity as compared to 63.5 percent in Pakistan. Pakistan’s FDI policy is much more liberal than that of India to attract more investment in Pakistan’s telecom sector,” he added.

The PTA chief was of the view that the ever-growing teledensity of Pakistan is unleashing new vistas of opportunities to the foreign and local investors for better returns, especially in the field of data services.

“Services like mobile Internet, mobile banking and Internet Protocol Television hold fortunes for any wise investor,” he added.

The Telecom analysts around the world still believe in Pakistan to be a lucrative market and business monitor forecasts that mobile subscribers in Pakistan would hit 100-million mark by next year.

The sector has been growing at a rapid pace where growth rates have become the hallmark. Although a bit slower growth, of only 7 percent, was observed in mobile sector last year, this trend cannot be attributed only to saturation as there are factors like international financial crisis, devaluation of rupee, security situation and re-registration of SIM programme.

National Telecommunic-ation Corporation (NTC), Special Communications Organisation, Universal Service Fund Company, National ICT R&D Fund Company, Telephone Industries of Pakistan, Pakistan Telecom Employees Trust and Telecom Foundation are the attached departments of the MoIT&T. app

why u have to bring India in all the topics, over obsession.

Evan If one go by his saying that pakistan's policies are more liberal than that of India, then what is the reason of so less FDI as compare to India???????

 

[ssheppard]

I don't think the number was an exaggeration. Google it and the 37% number is mentioned by multiple sources as of March 2009.

While it may have certainly changed since then, the author may not have come across the updated numbers and used the March 2009 one which is not really that old.

speaking of numbers.....lets see....Pakistan population 189 million.....and Indian telecom subscribers 600 Million plus.......so even after reaching saturation...Pakistan total telecom market will be less than 30 percent of Indian telecom active user base...and what about growth sir....Indian telecom sector adds Millions subscribers per quater....even with 50 pct penetration...its growth that companies are looking for not allready existing user base......speaking of numbers.

 

[Justin Joseph]

Teledensity in India: Ranking Of States 2009-2010

The urban teledensity of India has been rising consistently for last five years. In 2008 the urban teledensity was 60%, which increased to 85 % in March 2009 and the recent reports shows that India has reached the 100% landmark of urban teledensity, which means the number of mobile in urban area is at par with the population. The main reason behind reaching this landmark is fight of price war between different service providers, which eventually brought the price to that level, which is in reach of everyone living in urban areas.

For those who keen to know about the data of Urban teledensity would be amazed to know that Himachal Pradesh is having the highest urban teledensity of 219% , whereas regions which are considered developed are lagging behind, Kerala is at 2nd place followed by Delhi(3rd) Chennai(4th) and Mumbai(5th).

 

[manglasiva]

Is this thread about IT or TELECOM or ITES ?

 

[Justin Joseph]

Is this thread about IT or TELECOM or ITES ?

Must be about India V/s pak as most post about it ;-)

 

[dvk1982]

I don't think the number was an exaggeration. Google it and the 37% number is mentioned by multiple sources as of March 2009.

While it may have certainly changed since then, the author may not have come across the updated numbers and used the March 2009 one which is not really that old.

Yes it matters, esp when u add 15 odd million lines every month

by the end of this year teledensity wud be anywhere around 65%

 

[AgNoStiC MuSliM]

Yes it matters, esp when u add 15 odd million lines every month

by the end of this year teledensity wud be anywhere around 65%

Point being that the number was not an exaggeration as you suggested, but a valid stat from March 2009.