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Pakistan’s mobile industry to contribute $24 billion by 2023: GSMA

Addressing a certificate distribution ceremony by the Global System for Mobile Communications (GSMA ) virtually, the GSMA head of Asia Pacific Julian Gorman revealed that according to GSMA’s digital society index, “By 2023, the economic contribution of the mobile industry in Pakistan is expected to reach $24 billion, accounting for 6.6 percent of GDP.”

He also said that digital technologies are transforming the way people live and work in Pakistan. “As we saw in the GSMA 2020 Digital Societies Report, which tracks the progress of 11 focus countries in Asia Pacific, Pakistan is advancing its societal, economic and digital ambition, as outlined in Digital Pakistan Vision,” he added.

Addressing the occasion, the Federal Minister for Information Technology Syed Aminul Haq said that the Ministry of Information Technology and Telecom is fully committed to promoting entrepreneurship and innovation in Pakistan while also appreciating the GSMA’s efforts.

The ceremony’s organizers announced awards for three startups out of 597 start-ups applications received from 44 cities of the country for a total grant of approximately Rs 146 million.

Source: Daily Times

Read More: Three new mobile firms to start production in Pakistan

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Ahsan Zafeer

A digital marketing professional specializing in content-based functional areas - Ahsan Zafeer is driven by a never-ending passion for developing, nurturing, and strategizing key content aspects. He writes extensively on tech, digital marketing, SEO, cybersecurity, and emerging technologies. He also serves as a digital marketing strategist and freelance consultant for globally oriented organizations. He tweets @AhsanZafeer

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