The telecom sector contributes 4.3% to Pakistan’s GDP
The telecom sector has contributed 4.3% to Pakistan’s GDP in the first quarter of 2023, according to the Pakistan Telecommunication Authority (PTA).
The PTA said that the telecom sector’s contribution to GDP has been growing steadily in recent years. In the first quarter of 2022, the telecom sector contributed 4.1% to Pakistan’s GDP.
The PTA said that the telecom sector’s growth is driven by the increasing use of mobile phones and internet services in Pakistan. The number of mobile users in Pakistan has reached 180 million, and the number of internet users has reached 100 million.
The PTA said that the telecom sector is also playing a major role in the economic development of Pakistan. The sector is employing millions of people, and it is also helping to promote e-commerce and other digital businesses.
The PTA said that it has committed to furthering the growth of the telecom sector in Pakistan. The authority said that it is working to better the quality of telecom services in the country, and it is also working to promote the use of telecom services in new areas.
The growth of the telecom sector is a positive sign for the economy of Pakistan. The sector provides employment, promotes economic development, and improves the quality of life for people in Pakistan.
Here are some of the factors that are driving the growth of the telecom sector in Pakistan:
- The increasing use of mobile and internet service
- The growing demand for data-intensive services such as video streaming and online gaming
- The government’s focus on promoting digitalization
- The availability of low-cost telecom services
The telecom sector has expected to continue to grow in the coming years. The government plans to invest heavily in the sector, and the increasing use of mobile phones and internet services has expected to drive further growth.