Telecom sector contributed Rs 684 billion in terms of taxes and duties from the fiscal year 2013 to the fiscal year 2017 while investment by telecom companies during the same period was $4.2 billion and foreign direct investment stood at $2.3 billion. This was submitted by Pakistan Telecommunication Authority (PTA) before the Senate Cabinet Committee presided over by Senator Talha Mehmood.

The committee was also informed that four mobile operators’ contribution to government levies was Rs 68.37 billion in the year 2017 while their revenue was Rs 436 billion. The four mobile operators include CMPak Zong, Telenor Pakistan Private Limited, Pakistan Mobile Communication Limited (Jazz) and Paktelecom Mobile Limited (Ufone).


ALSO READ

Even After Spending Rs 57 Billion USF Fails to Provide Telecom Services in Areas of Balochistan & KP


Zong’s contribution to the government levies was Rs 9.71 billion, Telenor submitted Rs 18.83 billion, Jazz contributed Rs 30.81 billion, and Ufone added Rs 9.02 billion government’s levies.

As far as revenue of different mobile phone companies in the year 2017 is concerned, Zong’s revenue was Rs 64.60 billion, Telenor made Rs 113.76 billion, Jazz recorded Rs 206.23 billion, and Ufone revenue stood at Rs 52.04 billion, said a brief prepared for the meeting.

PTA’s contribution in Federal Consolidated Fund (FCF) during fiscal years 2013-18 was Rs 191.36 billion, while auctions during years 2014, 2016 and 2017 produced a total of US $1.9831 billion including advance tax while spectrum auction for wireless local loops (WLL) services in Azad Jammu and Kashmir and Gilgit-Baltistan in 2015 produced Rs 108.5 million.

The total number of mobile broadband subscribers has reached 58.33 million, broadband penetration is 28.27 percent and total cellular mobile subscriber density has reached 74.1 percent in the country.

The post PTA Submits Detailed Report on Investments and Taxes by Telcos appeared first on .