The caretaker government has announced the initiation of an iPhone installment plan, set to commence on January 12, 2024. Caretaker Federal Minister for Information Technology, Dr. Umar Saif, revealed that this decision was taken in response to the persistent demand from freelancers. He emphasized that this initiative aims to empower freelancers to facilitate remittances through the international gateway PayPal.
Furthermore, Dr. Saif disclosed plans for the launch of 5G technology in July of the upcoming year, with an accompanying auction of 300 MHz of spectrum. The move is anticipated to usher in a new era of high-speed connectivity for the country.
Another notable development is the approval of the National Space Policy by the Cabinet, allowing private sector companies to leverage low orbit satellites in space.
This decision marks a significant stride in opening up opportunities for the private sector in space-related ventures.
Addressing the issue of responsible financial behavior, Dr. Saif detailed a collaboration with telecom stakeholders for the launch of an initiative on January 12, 2024. This program will enable consumers to acquire the latest model phones through easy installment plans. Notably, iPhones will be included in this offering. The Pakistan Telecommunication Authority (PTA) will implement the Device Identification, Registration, and Blocking Systems (DIRBS) to block handsets in case of installment payment failure.
Dr. Saif clarified that the overarching goal of this policy is to promote responsible financial behavior and ensure the continuous expansion of smartphone penetration in the country. Telecom companies are poised to play a pivotal role by providing smartphones directly to consumers through installment plans, thereby extending the benefits of mobile broadband, especially to low-income segments.—INP
