"Telcos Bear Massive Revenue Loss After Suspension of Mobile Internet in Pakistan." - Highland Properties "Telcos Bear Massive Revenue Loss After Suspension of Mobile Internet in Pakistan." - Highland Properties

“Telcos Bear Massive Revenue Loss After Suspension of Mobile Internet in Pakistan.”

Telcos Bear Massive Revenue Loss After Suspension of Mobile Internet in Pakistan
10 May

The suspension of mobile broadband services has had a devastating effect on the economy, resulting in substantial losses for telecom operators, the government, and the people of Pakistan.

Sources in the telecom sector told ProPakistani that the telecom operators have incurred an estimated revenue loss of Rs. 820 million, while the government has lost around Rs. 28 million in tax revenue.

Additionally, individuals who depend on digital apps such as Careem, InDrive, FoodPanda, and others have suffered a significant loss in earnings, while digital payments have come to a standstill. The suspension has caused widespread inconvenience and hardship to the masses mandating immediate attention of the concerned authorities to resume data services.

Sources said besides telecom companies, consumers were also incurring losses. They explained that customers who subscribe to daily bundles using data are on the losing side as well because, with data services suspended, users are unable to activate any bundles.

It bears mentioning that mobile internet services have been shut down in many cities across Pakistan since Tuesday.

The disruption in services emerged on Tuesday as protests erupted after the arrest of former prime minister Imran Khan. The situation has persisted and shows no signs of cooling off.

Mobile users have reported disruption in services in many cities including Islamabad, Rawalpindi, Lahore, and Karachi. Service disruption has been reported on all leading mobile networks in the country.

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