Telecom sector suffered most by recent devastating floods Engineering Post Report    

Telecom sector is a major  contributor to the Gross Domestic Product (GDP) of Pakistan and massive losses caused by recent devastating floods are going to be felt by the entire country including Telecom sector itself.

According to initial reports, recent devastating floods in Sindh, Punjab. Kyber Pukhtoonkhwa and  Balochistan besides washing away and destroying standing  crops in large areas besides massive losses to the tune of Rs 17 billion to the telecom sector.

The floods have destroyed, damaged and uprooted  infrastructure and equipment including  towers, equipment, optical  fibre cable, access network,  electric generators, routers and cables besides  other equipment at telecom sites which have also been hugely damaged  due to standing rainwater and floods    of the telecom industry and it will take quite some time and  huge  financial resources  to repair the vast damages. This will also result in the increase in the prices for the customers  as the companies try to recover their losses..

According  to the Federal Ministry of IT and Telecom, more than 3800  telecom sites  and networks in the flood hit areas were adversely affected by the floods and all of these sites have since been restored.

Companies which were badly hit by the recent catastrophe  included Telenor, Zong, Jazz and Ufone and suffered losses to the tune of Rs  5448.00 million,  Rs 851.3 million, Rs 7540.000  million and Rs 469.200 million respectively. The country’s top services provider PTCL suffered losses of Rs 2283.84 million.

 All the telecom operators had submitted reports about their losses as per  directives of Pakistan Telecommunication Authority (PTA )which then  had  submitted a report to the Ministry of IT and Telecommunication.