Tag: 197b

Telecom sector revenue swells over to Rs 197b

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article image STAFF REPORT IBD: Half yearly revenues of the telecom sector have reached all-time high of Rs 197.68 billion during the first half (July-December 2011) of current financial year. The second quarter revenues for telecom sector stood at 99.4 billion, that’s all time high in a quarter, registering a growth of 9.1 percent over the corresponding quarter in previous year.The statistics of PTA show that this growth in telecom revenues, despite declining ARPUs and stiff competition, is due to higher…Read More