50% population to have digital accounts by 2020

Press Release: Pakistan Telecommunication Authority (PTA) organized a Broadband Forum in collaboration with CISCO Systems at a local hotel in Islamabad today. The theme of the Forum was to find out ways and means to truly capitalize on the huge potential of broadband services in Pakistan in the wake of rapidly growing wireless broadband subscriptions. Chairman PTA, Dr. Syed Ismail Shah was the chief guest at this occasion. Member (Finance) PTA, Tariq Sultan, Member (Compliance and Enforcement) PTA, Abdul Samad, Member (Telecom), Ministry of IT, Mudasar Hussain, were also present on the occasion. IT and telecom industry experts, representatives of telecom companies and academia attended the seminar.

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Speaking on the occasion, Chairman PTA, Dr. Syed Ismail Shah highlighted the role of PTA as enabler and facilitator and said that the availability of mobile broadband has opened many doors of opportunities for Pakistan. The high speed internet will revolutionize all other industries in the country in the coming years. Mobile broadband has been introduced in Pakistan through successful auction of 3G and 4G spectrums last year. He said that, it is imperative that the benefits of broadband should reach to the grass root level in the form of e-services e-health, e-education, e-commerce, e-governance etc.

Member (Finance) PTA shared his views on the potential of mobile broadband as enabler for digital financial inclusion. He said that government has made National Financial Inclusion Policy which aims at 50% population of the country will have their digital accounts by 2020. He said that technical regulation for mobile banking is being worked upon by PTA and State Bank. Currently 327 million revenue is coming from mobile segment and it is expected to cross 800 million in future, he added.

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Member (Compliance and Enforcement) PTA chaired the first session on “Capitalizing on the potential of broadband”. The session was participated by Wahaj us Siraz, CEO NayaTel, David Hovey, Specialist, CISCO Systems and Niaz A.Malik, Chief Corporate Sales, Zong. The panelists discussed the ways and means as to how to capitalize on the potential of broadband in Pakistan. The panelists showed concern over the tax levied by the Punjab Government on the broadband services that will affect their growth. Member (Compliance and Enforcement) highlighted the role of broadband technologies in improving socio-economic condition of the people of Pakistan.

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Second session on “Maximizing the Socio-economic Impact of Broadband was chaired by Mudassaur Hussain, Member (Telecom) Ministry of IT. The panellists included Mr.Muhammad Aslam Hayat, Chief Corporate Affairs and Strategy Officer, Telenor, Kanwal Bokharey, Senior Economic Growth Advisor, USAID/Pakistan, Dr.Amir Mateen, Grants International. The session was focussed on use of broadband technologies for the uplift of different segments of the society.

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