Handset Import Bill Crosses Rs 40 Billion in One Year

The cellular handsets import bill has been ballooning constantly on high demand of handsets in local markets, surging to Rs 40.8 billion in the period of July 2010 to May 2011.

The figures of Federal Board of Statistics (FBS) showed the steep growth of 71 percent on the account of mobile handsets’ expenses over the period of eleven months of current fiscal year 2010-11 compared with same period of previous fiscal year.

In previous fiscal year 2009-10, the import of handsets recorded at Rs 23.8 billion in the corresponding period.

In terms of dollar, the import bill of gadgets swelled to US $ 478 million in the period of July to May 201-11 as compared with US $283 million figure recorded in the same period of last fiscal year.

The sales of handsets import surged on change of technology and replacement of old/impaired handsets by large subscriber base of the cellular sector in the country.

According to an estimate, the sales of handsets have crossed 1 million per month varying the quality, brands and price range.

The imports and sales are constituted more than 70 percent share of Chinese-made handsets whereas different brands such as Nokia, Sony Ericson. LG and Samsung have retained their 25 -30 percent share in the local markets.

Via Telecom Recorder