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Pakistan to get 5G services next year

05:31 PM | 11 Sep, 2018
Pakistan to get 5G services next year
ISLAMABAD - Minister for Information Technology and Telecommunications, Dr Khalid Maqbool Siddiqui on Tuesday hinted at introducing 5G (5th Generation) service next year saying it would attract huge foreign investment.

The country has already been successfully experiencing 3G and 4G mobile broadband technology and the number of users are increasing with each passing day.

“We need to introduce more innovative services in the mobile broadband arena not only to facilitate consumers but also to attract precious foreign investment and meet modern requirements,”

Dr Khalid Maqbool kicked off Plant for Pakistan campaign at NTC under which 5,000 plants will be planted at its different sites throughout the country.

Managing Director NTC Brig (r) Viqar Rashid Khan and other senior officers of NTC were also present on the occasion.

Replying to a question, the Minister said, “The world is changing very swiftly and to compete with other nations we need to adopt new technologies.”

Expressed the hope of keeping in view the importance of IT sector in Pakistan, he said foreign companies would approach themselves to launch the modern 5G service.

Foreign companies are also interested to invest in Pakistan which is a huge market for foreign investors and the 5th largest free-lancing country in the globe.

When asked about priorities of the new government, he said, “We will take with all good initiatives taken by previous regimes while shortcomings would also be addressed. Our basic objective is to produce results which should be beneficial both for players and consumers.”

“We will start new projects that were supposed to be initiated by the previous governments,” he said, regretting that the country can attract more investments in case IT sector has been effectively focused.

Replying to another question, the Minister said, we will talk to concerned authorities to rationalize the tax on Telco and telecommunication companies.

Dr Khalid said smartphones and internet is the need of the hour through which people can resolve many problems they face in their daily routines.

He said, Information Technology is the main tool to bring change in the country and we are responsible to use this tool effectively.

"It is our responsibility to ensure transparency in all ministries and departments and also enhance the capacity of the department working under ministry of Information Technology and Telecommunication," he added.

The writer is a member of the staff. He can be accessed on Twitter @iamnozair

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 25 April 2024 Forex Rates

Pakistani currency remains unchanged against US Dollar and other currencies on April 25, 2024 Monday in open market.

USD to PKR rate today

US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro comes down to 294 for buying and 297 for selling while British Pound hovers at 342.5 for buying, and 346 for selling.

UAE Dirham AED was at 75 and Saudi Riyal's new rate was at 73.30.

Today’s currency exchange rates in Pakistan - 25 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.5 280.5
Euro EUR 294 297
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75 75.8
Saudi Riyal SAR 73.30 74
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.81 748.81
Canadian Dollar CAD 201 203.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 39.93 40.33
Hong Kong Dollar HKD 35.55 35.9
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.61 912.61
Malaysian Ringgit MYR 58.28 58.88
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.46 25.76
Omani Riyal OMR 723.48 731.48
Qatari Riyal ‎QAR 76.52 77.22
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 305.43 307.93
Thai Bhat THB 7.51 7.66

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