Economic Survey: Digital Economy Expands, IT Sector Shows Gains

💰 Ekonomi 📰 Dawn (PK) 🕐 2 saat önce
Economic Survey: Digital Economy Expands, IT Sector Shows Gains

• 5G spectrum auction rakes in $510m; broadband penetration surges to 64.2pc; telecom revenues reached Rs837bn; IT & telecom sector’s export remittances climb to $3.38bn • 161.6m mobile handsets locally manufactured due to heavy import duties ISLAMABAD: Pakistan’s information technology and telecommunication sector marked significant expansion during the fiscal year 2025-26, driven by a $509.6 million 5G spectrum auction and a surge in broadband penetration to 64.2pc. Accordi

Pakistan's information technology and telecommunication sector experienced substantial growth in the 2025-26 fiscal year. Key drivers included a successful 5G spectrum auction that generated over $500 million and a significant increase in broadband penetration, reaching 64.2% of the population. Telecom revenues climbed to Rs837 billion, supported by substantial investments and contributing significantly to the national exchequer through taxes.

Further advancements include expanded mobile network coverage to 92% of the population and legislative changes to facilitate optic fiber cable deployment. Pakistan is also positioning itself for future technologies by approving Wi-Fi 7 adoption. Concurrently, the domestic mobile handset manufacturing industry saw a surge, producing over 161 million units, while IT export remittances rose by 19% to $3.38 billion.

The growth in Pakistan's digital economy and IT sector indicates progress in technological infrastructure and digital services, potentially boosting economic development and global competitiveness.

#economy#market#investment#tech#smartphone

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