Imports of mobile handsets register decline August

 

ISLAMABAD – The import of mobile handsets has registered a decline and reached $60 million (Rs 6.1 billion) in August 2015 as compared with $66.7 million (Rs 6.6 billion) recorded during same month last year.

According to Pakistan Bureau of Statistics, in July-August 2015, the overall imports of handsets dropped to 8 per cent standing at $105 million (Rs 10.7 billion) compared with previous year’s period in which it stood $ 115 million (Rs 11.4 billion). The equipment for network up-gradation also showed a sharp decline in imports by a whopping 36 per cent during the reported month.

The imports of mobile handsets may recover their growth after few months due to introduction of various handsets in the local market along with competition among brands but the ongoing growth in smart phone will get curtailed with a margin of at least 8-10 per cent due to new taxes that were introduced this year.

The imports of mobile apparatus also showed a drop of 36 per cent which has been portrayed as a slowdown in activities of mobile phone companies for upgrading their network for introducing Next Generation Technologies in different cities. The figures revealed that imports of mobile apparatus decreased to $55 million (Rs 5.6 billion) in August 2015 from $87 million (Rs 8.7 billion) during August 2014.

In July-August 2015, the overall imports of telecom equipment declined significantly by 46 per cent to stand at $87.8 million (Rs 8.9 billion) as against values of previous year which stood at $164 million (Rs 16.3 billion).

The experts on Monday said that the imports expense of mobile phone companies have further increased after depreciation of rupee against dollar, hence the present downward trend in imports of infrastructure is likely to persist in coming months.

 

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