Pakistan’s telecom sector surpassed $3 billion in FY2024, marking a milestone in the industry’s growth trajectory, according to the Pakistan Telecommunication Authority (PTA)’s Annual Report 2024, released December 16. The report reveals how strategic regulatory initiatives and infrastructure development drove this achievement.
From enhanced digital connectivity to strengthened cybersecurity frameworks, the report outlines several key developments that transformed Pakistan’s telecom landscape. Let’s examine the numbers and initiatives that shaped this remarkable performance.
 The expansion of telecom during FY24
Pakistan’s telecom sector is on an impressive growth trajectory, where connectivity and digital access has expanded dramatically nationwide. Around 91% of Pakistan’s population now has access to cellular services, while 3G/4G coverage extends to over 81%. This has become possible with the help of 55,777 cell sites that are operational in the country, with 95.5% 4G-ready. Broadband subscriptions in the country have increased to an impressive 142.3 million, a staggering 91% increase in just five years. The content in this publication is expensive to produce. But unlike other journalistic outfits, business publications have to cover the very organizations that directly give them advertisements. Hence, this large source of revenue, which is the lifeblood of other media houses, is severely compromised on account of Profit’s no-compromise policy when it comes to our reporting. No wonder, Profit has lost multiple ad deals, worth tens of millions of rupees, due to stories that held big businesses to account. Hence, for our work to continue unfettered, it must be supported by discerning readers who know the value of quality business journalism, not just for the economy but for the society as a whole.To read the full article, subscribe and support independent business journalism in Pakistan
