English | دری

Telecom sector earns $190m revenue

in Afghan Business

Telecom sector earns $190m revenue

Afghanistan’s fast-growing telecommunication sector’s revenue crossed a staggering $190 million (9.5 billion afs) this solar year – a neat $30 million jump, compared to last year.

In an exclusive interview with Pajhwok Afghan news, Telecommunication and Information Technology Minister Amirzai Sangin said: The sectors’ rapid growth across the country had contributed to soaring revenues.

He recalled in 2010 the revenues stood at $16m, but surged to over $190m last year, largely propelled by the robust communication services industry and installation of fiber-optic network criss-crossing the country.

Currently the high-speed telecommunication cable network is activated in most provinces, which rakes in $5m monthly or $60m annually.

The ambitious plan to lay fiber-optic cable country-wide kicked-off in 2007 spanning 3,300 kilometers connecting Kabul with Parwan, Balkh, Faryab, Heart and Kandahar provinces.

The project was completed in two years, said the minister. Adding that security risks hampered installation works in some parts of Afghanistan. However, 80% of work was completed.

With the completion of the mega technology project, subscribers would enjoy cheaper rates for telephone calls, internet, television and radio services with improved speed and quality as well.

He said another reason for growth in revenues was due to the first-ever third generation telecommunication service technology (3G) introduced in the country, adding that four additional (3G) operating licenses would be issued this year which can be called another remarkable achievement for the sector.

Presently 85% of the country enjoying communication services and there are 18m subscribers nationwide, but in the next two years the entire nation would benefit it.

About 8% users are using internet services but the figure is likely to swell to 50% after introducing of the (3G) system and WIMAX next year, as well as the ministry plans to issue WIMAX licenses to private internet companies this year, said the minister.

Source: Pajhwoknews



Related Articles

Food storage facility inaugurated in Charbolak district of Balkh Province

On 12 June 2013 a food storage facility was inaugurated in Charbolak District of Balkh Province. Kateb Shams, Director of

Islamic Bank of Afghanistan to open as country’s first fully-fledged Islamic Bank

The Islamic Bank of Afghanistan (IBA), previously known as Bakhtar Bank, is granted the license to operate as the country’s

Indoor swimming pools and saunas for Afghan youths

To provide entertainment opportunities for the Afghan youths, local investors have constructed public saunas and swimming pools in Kaarteh Seh

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.