Telecom sector invested $495.8m in FY 2011
2/3/2012 2:46:00 PM
ISLAMABAD: Telecom sector exhibited stability in the FY 2011 and invested US $495.8 million with cellular mobile sector being the leading contributor.
In addition, Universal Services Fund (USF) also invested Rs 3.5 billion in unserved areas.
Despite challenges on the domestic scene, Foreign Direct Investment (FDI) showed an encouraging trend as FDI by the telecom companies was more than 30% of the total FDI landed in the country during last six years.
No comments:
Post a Comment