Pakistan telecom to be worth $7b by 2020

Dylan Bushell-Embling
23 Aug 2011

Pakistani regulators are forecasting that telecom sector revenues will surpass 620 billion rupees ($7.13 billion) by 2020.

The Pakistan Telecommunications Authority also expects investments in the sector to hit $2.4 billion by the same year, The Express Tribune reported.

The body's Vision 2020 report pegs the mobile subscriber base to be 161 million by this time – roughly 89% of the population.

This will compare to an estimated 5 million fixed-line and 19.5 million broadband customers. Currently just 0.47% of the population is subscribed to a broadband service.

Pakistan is exploring a number of options - such as the development of a new regulatory framework – to promote the development of the ICT sector.

The report states that the PTA expects the nation to be using 100% converged NGN infrastructure by 2020.

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