Total revenue earned by PTA in last three years

NewsTotal revenue earned by PTA in last three years

ISLAMABAD, Pakistan: The Pakistan Telecommunication Authority (PTA) earned the total revenue of Rs 32,671 million in 2018, which was Rs 16,604 million less than the previous year, the National Assembly was told.

In a written reply to a question asked by the Pakistan Tehreek-e-Insaf’s (PTI) lawmaker Ms. Nusrat Wahid, the Minister In-charge of the Cabinet Division told the House that the PTA earned revenue worth Rs 43,062 million in 2016, Rs 49,272 million in 2017, and Rs 32,671 million in 2018.

The House was told that the audit of Financial Year (FY) ending June 30, 2019 is not yet finalized; therefore, revenue figures of only years 2016, 2017 and 2018 have been furnished.

The Minister In-charge further told that House that the telecommunication industry attracted the Foreign Direct Investment (FDI) worth US$ 377.9 million in FY 2015-16, US$ 116.6 million in FY 2016-17, and US$ 288.5 million in FY 2017-18.

In addition, the Minister In-charge of the Cabinet Division also shared with the House the summary of Universal Service Fund Company (USFCo.) projects, as under:

  • Installed 1,159 sites under Broadband for Sustainable Development (BSD) program covering 7,116 Mouzas to-date across Pakistan.
  • 456,771 Broadband connections in 552 towns/ villages.
  • 6,447 kilometers of fiber optic cable laid in 56 Tehsil and 26 towns across Pakistan.
  • Other projects are in progress under Next Generation -Broadband for Sustainable Development (NG-BSD) for covering highways and motorways.

 

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

State Bank of Pakistan releases coin to commemorative 555th birth anniversary of Baba Guru Nanak

State Bank of Pakistan releases coin to commemorative 555th birth anniversary of Baba Guru...

0
Karachi, Pakistan: The State Bank of Pakistan has released coin worth Rs 55 to commemorate the 555th birth anniversary of Baba Guru Nanak.On the...
Punjab Government created a trench at Haro River Bridge so PTI procession from Peshawar could not enter Islamabad

PTI Protest Call: Despite road blockades, PTI workers move on towards Islamabad

0
Monitoring Desk: Despite road blockades, worker arrests, and a police crackdown, followers of Tehreek-e-Insaf (PTI) are moving fast towards Islamabad for a protest on...
37 Brigadiers of Pakistan Army promoted as Major Generals

CTD Punjab claimed to kill three TTP terrorists near Rawalpindi

0
Rawalpindi, Pakistan: The Counter Terrorism Department (CTD) of Punjab killed three TTP terrorists (officially known as Khawaji) at Chakri, 30 km away from the...
Ukraine to receive 500,000 artillery shells by yearend from Czech Republic Monitoring Desk: In dire need to counter Russian aggression, Ukraine will receive 500,000 shells of various calibers by the end of this year from Czech Republic, reports Ukrinform. Referring to announcement of Czech Foreign Minister Jan Lipavský, Ukrinform reports that Czech Republic will continue to provide support to Ukraine to repel and stop Russian aggression. "As you know, my country has launched an initiative on ammunition. By the end of the year, 500,000 large-caliber shells will be delivered. We will not stop there. We will continue to provide the Armed Forces of Ukraine with the necessary support," the Czech Foreign Minister emphasized.

Ukraine to receive 500,000 artillery shells by yearend from the Czech Republic

0
Monitoring Desk: In dire need to counter Russian aggression, Ukraine will receive 500,000 shells of various calibers by the end of this year from...

PTI Protest Updates: Bushra Bibi stays away from protest

0
Islamabad, Pakistan: Owing to the fear of arrest, former first lady Bushra Bibi has decided to avoid the PTI protest on November 24. She...
Advertisement