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Home / Business / PTA adds Rs1.707 trillion in exchequer in four years
PTA adds Rs1.707 trillion in exchequer in four years

PTA adds Rs1.707 trillion in exchequer in four years

ISLAMABAD: Pakistan Telecommunication Authority (PTA) had contributed Rs 1.707 trillion in national exchequer in last four years.

According to a documents available with this agency, Rs 96.484 billion were added in national exchequer in fiscal year of 2013-14 by PTA while in 2014-15 the amount was Rs 7.017 billion.

Likewise, Rs 34.112 billion were added in fiscal year of 2015-16 and Rs 33.127 billion were included in national exchequer in year of 2016-17 by PTA, the document further read.

The Telecom Sector Indicators said in June 2015, total 3.95 million subscribers (fixed & wireless) whereas in Oct 2015, it has reached to 23.2 million broadband subscribers.

The prominent broadband technologies in the country were mobile broadband 86.5%, DSL 6.7%, EvDO 5.5% and WiMaz 1%.  It has deposited more than Rs 370 billion in national exchequer. The $ 2.7 billion were invested by the telecom companies in last two fiscal years.

The document said more than 1.8 billion FDI inflow was attracted, corresponding to $ 550.9 million net FDI during last two fiscal years.

Likewise, NGMS auctions constitute most of this FDI brought US $965 million into the country with $ 147.5 million plus markup to be paid in installments during next five years.