Telecom sector earns Rs 803 bln, attracts $621 million investment in FY2025
3 Articles
3 Articles
Engro Acquires Jazz's 10,500 Tower Portfolio in Pakistan - Inside Towers
In what officials call a groundbreaking move for Pakistan’s telecom industry, Engro Connect has finalized a $560 million acquisition of all 10,500 telecom towers previously owned and operated by Jazz, according to the Daily Times. This marks the first time a telecom operator in Pakistan has divested its entire tower infrastructure. The transaction was completed following approvals from regulatory authorities, including the Competition Commission…
Telecom Investments in Pakistan Drop by Over 62% in less than Four Years: A Wake-Up Call for Policymakers
Copyright protected content copied from PhoneWorld website. Pakistan’s telecom sector, once hailed as a driver of digital transformation and economic development, is now facing a steep decline in investment that threatens its future progress. According to the latest data from the Pakistan Economic Survey FY 2025, telecom investments have plunged from US$ 1,657 million in FY 2021-22 to just US$ 621 million in the first nine months of FY 2024-25. …
Telecom sector earns Rs 803 bln, attracts $621 million investment in FY2025
ISLAMABAD Pakistan’s telecom sector showed strong performance in the first nine months of FY2025 (July–March), generating Rs 803 billion in revenue and drawing US$ 621 million in investment. According to the Pakistan Economic Survey 2024-25, presented by Finance Minister Muhammad Aurangzeb on Monday, the sector also contributed Rs 271 billion to the national treasury through various taxes and duties. Despite economic challenges, the Pakistan Tel…
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