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USF Approves Rs. 8 Billion for New Optical Fiber and Broadband Projects

byNews Desk
March 15, 2022
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USF Approves Rs. 8 Billion for New Optical Fiber and Broadband Projects
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The Ministry of Information Technology and Telecommunication (MOITT) through USF has launched seven more projects worth over Rs. 8 billion to provide Broadband services to over 2.5 million people in the un-served and under-served areas of the four provinces, including Rs. 3.5 billion projects for Balochistan.

The projects were approved, on Monday, at the 81st meeting of the Board of Directors of the Universal Service Fund (USF), then, the number of projects for providing optical fiber cable and broadband services from 2018 to date has reached a record 56, and the total cost (subsidy) has exceeded Rs. 52 billion.

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The meeting was chaired by Secretary IT & Telecom and Chairman USF Board, Dr. Muhammad Sohail Rajput, while Chairman PTA, Major General (Retd) Amir Azeem Bajwa, Member Telecom, Muhammad Umar Malik, CEO Telenor, Irfan Wahab Khan, Imran Akhtar Shah, Kokab Iqbal, Sibte Hassan Gardezi, and other officials were present. Chief Executive Officer USF, Haaris Mahmood Chaudhry, gave a detailed briefing to the Board about the projects.

Federal Minister for Information Technology and Telecommunication, Syed Amin-Ul-Haque, while congratulating the USF Board on the launch of the projects, said that whatever the political situation, the MOITT and its subsidiaries, especially the Universal Service Fund, continue to perform. Continuing is a solid demonstration of our commitment to connecting people in remote areas of the country to the Digital World.

He said that the completion of all the projects started during the tenure of the present government was being ensured within the stipulated time while for all the projects under the rules only the lowest bidding telecom operators were selected.

Tags: latestOptical Fiber and BroadbandUSF
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A source of economic, political, business, finance, health and sports updates.

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