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Despite the push in the last couple of years and the drop in prices, broadband penetration remains low in Pakistan. See the numbers below from PTA. If you look at the numbers for the 3-month period, from June 2010 to August 2010, and use that to project June 2011, then we have a forecast of 200,000 additional subscribers for 2010-2011. Based on that, the total number of broadband subscribers would be around 1.1M by June 2011.
The percentage growth is fine but the overall number is unacceptably low. Share of WiMax as technology is 29% of the total subscribers and is growing at ~18K subscribers per quarter. What are your thoughts on the growth rate for WiMax?
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