Due to Government's structured approach of liberalisation, deregulation and privatisation, the telecommunication industry has shown a tremendous growth which can easily be judged by reviewing the amount of foreign investments and the decreasing percentage of unemployment.
No doubt the industry has started helping the economy of Pakistan in a great manner and also providing the opportunity for the people of Pakistan to enhance their quality of lifestyle.
Besides being praised within the country, Pakistan Telecom policies have also been recognised by international telecom organisations. Conferring on 'G-Rex Award 2005' to PTA (Pakistan Telecommunication Authority) by International Telecommunication Union (ITU) is an icon for international market's confidence in Pakistan Telecom Sector.
The ITU Telecommunication Development Bureau has not only appreciated PTA's contribution at the dialogue among regulators from all over the world but it has also recognised its high level participation in it.
Lately, Pakistan has been awarded "Government Leadership Award" by GSM Association during its moot at Barcelona, Spain. The GSM Association is a global trade association representing around 680 mobile operators. Pakistan is the second country after Brazil to be honoured with this Award.
The appreciation that Pakistan receives at international level is not only due to the Government's positive actions and policies but the contribution of industry's stakeholders has also helped Pakistan in earning such reputation in the global market.
Realising their efforts and contributions, Federation of Pakistan Chambers of Commerce and Industry - FPCCI has announced an award to be called as "Telecom Excellence Award" to be conferred on those aspirants who have contributed significantly in promoting this vital sector.
The Federation of Pakistan Chambers of Commerce & Industry (FPCCI), which enjoys the status of an apex trade body of Pakistan, has a significant and most distinguished role in the economic development of the country. FPCCI is a representing body of the private business and industries in Pakistan. FPCCI's primary aim is to promote, encourage and safeguard the interest of private sectors in Pakistan and to serve as a bridge between the business community and the government.
In order to recognise the contribution of every sector of telecom industry, the "Telecom Excellence Award" is divided into 3 categories as follows:
1) MARKET LEADER:
"Telecom Excellence Award" for Best Market Leader will be given to those companies who have excelled in marketing their products in respective sectors such as the market leader in GSM, the market leader in fixed phone, the market leader in handset, the market leader in LDI, the market leader in WLL / CDMA etc.
2) FOREIGN INVESTMENTS:
"Telecom Excellence Award" for foreign Investment will be presented to those telecom companies, who because of their functionalities have been bringing a huge amount of foreign investment in to the country.
3) OUTSTANDING ACHIEVEMENTS:
"Telecom Excellence Award" for best performer will be given to those companies, who have performed the outstanding achievements in their respective sectors.
The Award distribution ceremony is scheduled for June 3rd, 2006 at a local hotel in Karachi at the occasion of the inauguration ceremony of C - Future 2006. Honourable Federal Minister, Telecom and Chairman PTA, will grace the occasion with his presence and will give away the awards to the aspirants.