Prime Minister Shaukat Aziz on Tuesday said deregulation and reforms in the telecom sector accompanied by high disposable income has created enormous growth in this field.
The Prime Minister was talking to the Chief Executive Officer of PTCL, Walid Irshaid who called on him at PM House. The Prime Minister said as a result of reforms, the foreign investment had rapidly increased, with a total number of mobile phones crossing 60 million, teledensity increasing by 40 percent and tariffs reduced dramatically for local and foreign calls thus benefiting the people.
The Prime Minister said thousands of new jobs had been created in the telecom sector and more would be created in future as this sector expands and grows. Walid Irshaid updated the PM on growth plans for PTCL on fixed lines and cellular business. He said the company would continue to expand and serve the market with new services and products. He said Pakistan telecom sector was attractive, growing and the de-regulatory and policy framework was world-class.