The State Bank of Pakistan (SBP) disclosed in their special section on “Covid-19 and the Need to Boost Digital Connectivity in Pakistan” that broadband penetration in Pakistan has quadrupled over the last 5 years from just 8.9 percent in 2015 to 39.1 percent in 2020.
Pakistan bared the first hand witnessed an exceeding the range of expected range off-the-charts growth in its broadband subscribers in the last five years, according to the State Bank of Pakistan’s (SBP) recent Special Section on ‘Covid-19 and the Need to Boost Digital Connectivity in Pakistan’.
Broadband penetration in the economy more than quadrupled in the last five years from only 8.9 percent in June 2015 to 39.1 percent by March 2020.
As the number of COVID cases raised in the country, businesses in various sectors, schools, and even the government had to shift to online procedures to cater to their requirements and oppose the virus. Therefore, making it crucial to invest and develop advancements in improving broadband penetration nationwide.
Pakistan’s significant progress in increasing digital penetration in the economy, especially through investments in telecom and internet services, has also facilitated growth in its digital economy.
As stated by the State Bank of Pakistan (SBP), this growth in broadband subscribers was originally conducted by an increase in Next Generation Mobile Services (NGMS) subscribers after the auctions of 3G and 4G spectrum licenses in 2014.
Keeping in view the need for digital services and the surge in mobile data traffic, the Pakistan Telecommunications Authority (PTA) has also granted permission to two additional cellular mobile operators in the country to conduct non-commercial trials of 5G in January 2020.
The comprehensive broadband data usage has been incremented by more than 20% in the last 5 years moreover, displaying the potential of a digital economy in the country.
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