The multinational companies and foreign investors have improved the ranking of Pakistan Telecommunication Authority (PTA) from nine to six position in the past two years for its cooperation and supportive role for the businesses.
Overseas Chamber of Commerce and Industry (OICCI) recently revealed the results of its perception survey based on its member companies’ feedback saying the telecom authority is supportive to foreign investors in dealing affairs of telephony utility.
The views expressed about PTA are related to multinational companies of different sectors however, foreign companies of IT and Telecom sectors were less interested to participate in the perception survey.
But plans and concerns of IT and Telecom companies’ are almost similar with multinational companies of different sectors, which are positive investment plans in the next two to five years despite issues of security, access to energy and governance.
PTA is one of the most active regulators in the country which has shown tremendous performance in the past one decade keeping the interest of consumers on priority and maximum facilitation to investors.
Despite all of criticism, it has taken some strict actions against telecom companies involved in violation of rules of business and infringement of consumers rights.
In 2011, Pakistan topped in Asia Pacific for having best telecom regulatory environment by LirneAsia, an ICT policy and regulation think tank.
At present, PTCL, Mobilink and Telenor are the member companies of OICCI in the telecom sector.
In IT sector, Hewlett Packard, Teredata Global Consulting, Teradata Pakistan, TPL Holdings TRG Pakistan and UNISYS Pakistan are members of overseas chamber.