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Pakistan’s IT Minister: 5G Is Required To Compete in the World Tech Race

The fifth generation of cellular technology, or 5G, was developed to speed up and improve the responsiveness of wireless networks. The latest networks’ commercial deployment is what the world’s largest telecom companies are aiming towards. The minister announced the State Bank of Pakistan’s plans and stated that IT and telecom were more than just a sector; they were also good for the economy of the nation. While rice and textile exports fell, he said that IT exports increased by 3.5 percent from July through January of the current fiscal year.

In 2019, South Korea outperformed rivals in the US to launch the world’s first 5G mobile network. The Global Mobile Suppliers Association (GSA) said in June 2021 that 58 nations had already begun rolling out 5G networks while others were still doing so.

Statistics show that more than 90 operators have installed 5G networks worldwide, while more than 300 have made investments. By 2025, there will likely be 2.8 billion 5G connections.

South Korea, Japan, and China are in the lead in Asia. Pakistan, India, Indonesia, Vietnam, the Philippines, Malaysia, and Sri Lanka, on the other hand, are falling behind since they have not yet put a 5G policy into place.

China is deploying a sizable 5G network all over the nation. By 2025, the majority of the country’s villages and all of its cities and towns will be connected to the internet, according to a plan released by the ministry of industry and information technology of that nation.

Except for information technology, Covid-19 has had a negative impact on every aspect of life worldwide. This is the only industry in which investment increased despite the pandemic. Around $1 billion in foreign direct investment has been made in Pakistan’s technology sector during the past three years. For the fiscal year 2020–21, IT exports rose by 46%.

The 5G network has successfully undergone tests in Pakistan thanks to the telecom companies Jazz, PTCL, Telenor Pakistan, and Zong. The government is striving to establish regulations and a framework for the country’s commercial 5G launch.

Pakistan offers great potential for 5G. Almost 90 million people currently use smartphones, and that number is increasing quickly each year. The annual rate of internet adaptation is 23%. The Pakistani economy will undergo a complete change thanks to 5G technology.

Education is now delivered remotely thanks to contemporary technology and quick internet. The introduction of 5G will benefit residents of remote places. Fast connectivity would make video lectures and animations online. The medical industry will undergo a revolution thanks to 5G.

Via quick connectivity, doctors from the major cities would be able to diagnose patients online. The second-highest number of independent contractors are located in Pakistan.

Online service providers from Pakistan are generating foreign currency for their nation. 10,000 Pakistanis enter the worldwide freelance market each year. They will be able to deliver services more quickly thanks to 5G technology.

The e-commerce market also has a lot of promise, and the industry is expanding globally. Pakistan may export its goods via e-commerce to the rest of the globe thanks to connectivity, which will help the nation’s economy.

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