StormFiber has entered Multan as the fifth city to be offered with company’s triple play (TV, Telephone and Internet) service. Already functional in four major cities including Karachi, Lahore, Faisalabad and Peshawar, StormFiber has set its sights on expanding its footprint across the country with Multan becoming its fifth milestone being the fifth largest city of Pakistan, at an event organized at a local hotel on 9th July 2018.
The introduction of fiber-based gigabit internet connectivity of StormFiber (backed by Cybernet) will help Multan bridge the digital infrastructure gap and bring it on par with global metropolitan cities. The company aims to deliver consistent internet services on Fiber to the Home (FTTH) infrastructure, along with HD television and crystal-clear voice services.
Speaking at the event, Mr. Danish Lakhani, CEO StormFiber said: “One of the primary impediments in increasing penetration of fiber broadband has been the high cost of bringing optical fiber to every home.
In his speech, Mr. Lakhani highlighted the immense impact of increased fiber broadband penetration on the GDP of countries. While excited and grateful for having the opportunity to serve the people of Multan, the CEO stated that the project was not without its challenges.
He added “We are a completely apolitical organization. Speaking purely as investors and for a company that is a direct contributor to the exchequer in terms of taxes, PTA, USF and APC fees, we regret the unsupportive stance of MOITT and the PTA under the previous regime. Sadly, many government bodies and institutions under the previous regime had forgotten that they are funded by taxpayers and licensees and their primary job is to listen to and help resolve issues related to telecom and encourage investment to benefit the people.”
Mr. Lakhani stated that as a Pakistani he is still optimistic and believes that whoever wins the next election will recognize the importance of IT and fixed broadband and will – it is hoped –appoint competent Ministers with first-hand knowledge of telecom and will resolve right of way issues and rationalize taxes that stand at a whopping 32% of every household broadband subscription.
StormFiber has entered Multan by offering its services in the following important areas initially with the intention to extend its reach into other parts of the city soon.