Telecom imports drop to 50% in the first 10 months of FY23 compared to FY22, due to severe imports limitations

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[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]In comparison to FY22, telecom imports fell by half in the first ten months of FY23. Import limitations have had a substantial influence on telecoms’ service growth and quality improvement efforts, making it difficult to improve consumer experience.

Another difficulty is the continual growth in FX (86%) and borrowing rates (14p.p) over the previous two years, which has doubled the cost of telecom investment.

Also Read: The government has decided to restart the $10 billion tree planting project with a new name.

To ensure that citizens continue to benefit from mobile broadband’s life-improving service, policymakers must create a favourable investment environment.

CEO Jazz expresses concern over the government’s limitations on imports that reduces costumer experience:

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