Wednesday, September 16, 2015

USF signs agreement with Telenor & Ufone for the provision of basic telephony and data services of Rs 8.76b >>

Islamabad: Universal Service Fund (USF) entered in contracts worth Rs. 8.76 Billion in total with Telenor and Ufone to provide basic telephony and data services to the population in the yet un-served areas of Shangla, Zhob and Sibi “Lots”. Shangla lot (contract worth Rs. 1.95 Billion) comprises Swat, Shangla and Buner districts, Zhob lot (contract worth Rs.3.61 Billion) consists of areas in Musakhel, Zhob and Sherani districts and Sibi lot (contract worth Rs. 3.2 Billion) comprises Barkhan, Sibi, Killa Saifullah and Loralai districts.

In this connection, a signing ceremony of USF with Telenor and Ufone, was held in Islamabad. Federal Minister for Finance, Revenue, Economic Affairs, Statistics and Privatization, Mr. Muhammad Ishaq Dar was the Chief Guest at the occasion and he was accompanied by State Minister for IT & Telecom, Mrs. Anusha Rahman and Chairman-PTA, Dr. Syed Ismail Shah. Mr. Faisal Sattar, CEO - USF signed contracts of Shangla and Zhob with Deputy CEO - Telenor, Mr. Irfan Wahab Khan and contract of Sibi with Mr. Abdul Aziz, CEO-Ufone.

Speaking on the occasion, Chief Guest, Mr. Mohammad Ishaq Dar said that Federal Ministry of Finance, Revenue, Economic Affairs, Statistics & privatization is keen to see ICT Sector reach even greater heights in future. He added that it is Prime Minister‘s objective to pursue sound and equitable economic policies that put Pakistan on the path of sustainable economic development and in order to achieve this, support to Ministry of IT will be provided in all its initiatives. He applauded Ministry of IT and USF for their efforts and congratulated them on their achievements. He also said that due to sound economic policies of the government, Pakistan has turned into an attractive destination for FDI. He urged telecom companies to effectively invest in the country and increased their participation in projects of pubic private partnership, such as projects executed today.

Mrs. Anusha Rahman in her address was of the view that the Rural telephony projects will take state of the art telecom services including 3 G and Boroadband to farflung underserved areas at a rapid pace and in almost parity with urban areas of the country. These three contracts are part of overall policy decision of Prime Minister Nawaz Sharif for providing rural telephony services to underserved unserved areas-shangla project worth almost 2 billion is already executed and kalat and OFC in KPK for over Rs. 3 billion is in the pipeline. She added that these projects will improve the lives of people, create job opportunities for them at particularly empower females. She added that such initiatives will ensure ubiquitous development across the length and breadth of the country.



Earlier, while shedding light on the project related details, CEO-USF, Mr. Faisal Sattar informed the audience that through the Rural Telecom Project in Shangla lot, an un-served population of more than 0.8 million people in 154 muzas (villages) will benefit from the project, in Zhob lot, an un-served population of more than 0.4 million people residing in 330 muzas and in Sibi lot an un-served population of almost 0.5 Million in 505 muzas will benefit from the services. 

Parliamentarians, CEOs of telecom companies, government departments, secretaries, diplomats and notable IT & Telecom professionals also attended the event. It is noteworthy to mention here that Shangla, Zhob and Sibi lots have immense geographical importance and these projects will play an integral role in socio-economic prosperity of its population.

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