The Pakistan Telecommunication Authority (PTA) on Monday launched its annual report for the year 2024.
The report offers an insightful overview of key technological, infrastructural, regulatory, and consumer-centric interventions and reforms implemented by PTA during the year.
According to the report, the telecom sector generated a record revenue of Rs. 955 billion in FY 2023-24, reflecting a remarkable growth of 17pc over FY 2022-23, despite economic challenges. Moreover, cellular mobile services are now available to 91pc and 4G services to 81pc of the population, with total telecom subscribers reaching an impressive 196 million by September 2024.
The number of broadband subscribers touched 142.3 million from 127.6 million in June 2023, while average mobile internet speed saw an increase of 28pc, rising from 15.65 Mbps to 20.02 Mbps.
According to the repot the data usage also increased by 24.2pc reaching 25,141 in FY 2023-24, whereas, broadband penetration reached 58.4pc compared to 53.6pc in 2023.
During FY 2023-24, 29.6 million mobile devices were locally manufactured, which met 94pc of the demand in the country.
These advancements were underpinned by a series of strategic regulatory initiatives aimed at sustaining sectoral growth and innovation.
The Annual Report 2024 serves as a testament to PTA’s commitment to steering the telecom industry towards digital transformation in line with global standards.
The complete report is accessible on the PTA website.
