LAHORE: Investment in the telecom sector is leaving positive impression on the economy, which is growing at unprecedented rate of seven per cent per annum.

This was stated by former chairman of Lahore Stock Exchange and South Asian Federation of Exchanges, Group Captain Naeem A Khan, stated here on Monday.

He said during the last couple of years telecom sector in Pakistan had witnessed unprecedented qualitative and quantitative growth, giving a much-needed boost to the economy. Professional approach taken by the government to liberalse this sector had ushered in a new era in the history of telecom sector development.

It has brought prices down and quality of services gradually moving up. Consumer choice has become sovereign. Service providers are competing to win the confidence of subscribers by providing them with better quality at competitive prices.

He said telecom giants like Singtel of Singapore, Chinatel of China, Redtone and Dancom of Malaysia have been making large scale investments in Pakistan.