Tag: cellulars

Ban on SIMs retail sale to cost cellulars Rs.35b/year

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STAFF REPORT IBD: Pakistan’s cellular firms would likely to incur a major revenue loss to the tune of Rs. 35 billion annually chiefly due to the ban slapped on the sale of new SIMs through retailers network. Citing a source in Pakistan Telecommunication Authority, the paper reported that new sales fell by 75 percent, which translated into Rs. 4 billion as loss in revenues for five cellular operators in last two months. Additionally, the government earned 29 percent less revenues during the…Read More