Pakistan’s telecom sector generated Rs2.521 trillion in revenue over the past decade, with major operators contributing Rs763.81 billion in taxes. Jazz led the industry, followed by Zong and Nayatel, underscoring the sector’s crucial role in supporting the economy through substantial tax contributions and meeting the country’s communication needs.
Pakistan’s telecom sector faces challenges in its 5G rollout due to a decline in Foreign Direct Investment (FDI) and sector investments. FDI fell to $46 million in 2023-24, and investments dropped to $765 million, hindering the necessary infrastructure upgrades. The PTA emphasizes the need for government incentives and PPPs to boost investor confidence.
Engro Corp, in partnership with Veon, plans to expand telecom tower-sharing coverage in Pakistan. The collaboration aims to enhance telecom infrastructure, explore use cases like electric vehicle charging and drone landing, and capitalize on Pakistan’s improving economic conditions, positioning the country as a more attractive investment market.
