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Boost in broadband fibre connectivity vital for growth: Minister

15 Nov, 2023

ISLAMABAD: Boost in broadband fibre connectivity is vital for economic growth as for every 10 percent increase in mobile broadband adoption results in 0.5-0.8 percent increase in GDP.

This was stated by caretaker Federal Minister for IT and Telecommunication Dr Umar Saif while chairing a meeting here on Tuesday.

The meeting discussed in detail matters related to fiberization, and the right-of-way policy. Senior officers of the MoITT and representatives of telecom companies attended the meeting.

Addressing the meeting, Dr Saif said that the provision of quality telecom services to the masses is the topmost priority.

He said for every 10 percent increase in mobile broadband adoption results in 0.5-0.8 percent increase in GDP. Therefore, to help grow our economy, we must incentivise broadband fibre connectivity in the country.

β€œIn the past few weeks, we have standardised right-of-way policies for laying of fibre for ISPs and telecom players,” he added.

He asked the IT industry to set its target for fiberization in the country. The Ministry of IT and Telecom will fully cooperate with the telecom industry.

Copyright Business Recorder, 2023

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