StormFiber, a Pakistani fiber broadband launched in Multan

Ultra-fast and stable broadband service is an important catalyst for economic development in the modern era. To further these national interests, StormFiber aims to deliver consistent internet services on FTTH infrastructure, along with HD television and crystal-clear voice services.

MULTAN: StormFiber, a Pakistani fiber broadband service provider, expands its triple play (TV, Telephone and Internet) service to Multan. Well-established in four major Pakistani cities, Karachi, Lahore, Faisalabad and Peshawar, StormFiber has set its sights on expanding its footprint across the country. StormFiber celebrated its foray into Multan, the fifth largest city of Pakistan, at an event organized at a local hotel on July 9th, 2018.

Multan, is the most prosperous city in the Southern part of Punjab and is home to numerous entrepreneurial ventures as well as industries. The city has a promising pool of local talent from universities such as MNS University of Agriculture, Bahauddin Zakariya University and NFC Institute of Engineering & Technology, that have helped put Multan on the fast track of development. 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. Ultra-fast and stable broadband service is an important catalyst for economic development in the modern era. To further these national interests, StormFiber aims to deliver consistent internet services on FTTH infrastructure, along with HD television and crystal-clear voice services.

Echoing the same sentiment, Chief Guest Prof. Dr. Asif Ali, Vice Chancellor, University of Agriculture Multan stated on the occasion that“StormFiber has taken Pakistan by storm. It is fulfilling one of the basic requirements for economic development - a digital transformation that will propel Pakistan towards a prosperous future.” 
Speaking at the event,  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. Stepping up to the plate, our investors who are local Pakistanis have always taken a long-term view of projects and avoided those with purely short-term gain. Encouraged by our shareholders, Cybernet’s management team, set out nearly a decade ago with a vision to bring highly stable, ultra-fast broadband which is only possible today through fiber optics, to the far reaches of Pakistan-- so that citizens of this great nation -- be they in Quetta, Lahore, Peshawar or Karachi -- can experience the same standard of internet access as residents in London, New York or Beijing. 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 underthe previous regime. Sadly, many government bodies and institutions under the previous regime had forgotten that they are funded by tax payers and licensees and their primary job is to listen to andhelp resolve issues related to telecom and encourage investment to benefit the people.”

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 (not including duties and taxes at the import stage). Compare this to the United States where the Permanent Internet Tax Freedom act is now a law which specifically prohibits tax on broadband services for all times to come. He concluded by stating that Cybernet believes that a robust fiber based broadband network is of equal importance to a robust transportation network. “We hope the next government realizes the importance of both types of infrastructure - highways for transport and highways for information technology – and both are equally important to develop the economy; infact, the broadband infrastructure highway if given the same regulatory and ministerial support is faster to deploy. A better-connected Pakistan translates to increased GDP, increases in overall tax collection, improvement in the standard of living, and empowers vital facilities such as education, entrepreneurship and digital exports including software related outsourcing — a potentially massive avenue to alleviate the balance of payments crisis being experienced by our country today. ” 

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.
•Gulgasht
•Zakariya Town
•Bosan Road
•Shalimar
•Sabzazar
•Wapda Town

According to sources, its FTTH services have been well-received during its soft launch in the city. If insiders are to be believed, the company is well into its ambitious vision to bring fiber broadband and triple play service to large sections of the Pakistani population and to the far reaches of the country so that these areas can also develop digitally. The company has deployed its backbones in and plans to roll out its high-speed service in the following additional cities including Islamabad, Rawalpindi, Gujranwala, Hyderabad, Sargodha, Sialkot, Quetta and many others.

COMMENTS

Name

Accident Adventure Agriculture Airport Animals Army Arson Article automobile Banks belief birds Bureaucracy BUSINESS Calamity celebration charity Child trafficking civic Clash Climate collapse Commerce Communication Corruption Court Crime crimes culture currency Cyber crime Defence Department Development Development And Industry Diplomacy disaster Drugs Earthquake Economy Education Election Electricity Embassy Employment Energy Entertainment Environment Excavation Execution exhibition Explosion export Family Famine Fashion felciation festival Finance fire flood Food/Agriculture food/health Foreigners Forests fraud Freight Fuel FUNERAL Hajj handicapped HANG Health Hiousing History Hotel Human Rights Infotainment int International internationl journalist Judiciary justice Kashmir KIDNAPPING labour Landslide language Lawyers Legislation Leisure lightning literature Local Manifesto Media Migrants Minorities MIRACLE mis mishap mishaps Money Laundering Moon Murder n NAB Narcotics National Nature obituary Petroleum Pilgrims Police POLITICS pollution poverty power Prison prisoners Probe project Properties Protest Railway Religion relion Rescue Rivalry Science Security Sentence Services shemales Sikh Community smoking smuggling Social Social Media Social Welfare Space sports strike Students Suicide Suicide Attack Taxation Technology telecom Terrorism Tourism Trade Trade Union Traditions Training transgender Transport Travel Tyranny Vacancies vehicle vendetaa Visa water Weapons weather wedding woman Women Working class youth
false
ltr
item
South Punjab News : StormFiber, a Pakistani fiber broadband launched in Multan
StormFiber, a Pakistani fiber broadband launched in Multan
Ultra-fast and stable broadband service is an important catalyst for economic development in the modern era. To further these national interests, StormFiber aims to deliver consistent internet services on FTTH infrastructure, along with HD television and crystal-clear voice services.
https://2.bp.blogspot.com/-XXnLV-mKMpU/W0RBOpcAhRI/AAAAAAAA-Sc/z7iZhasP7PEOloGKP7eU2zUvpcO-W332wCLcBGAs/s400/lakhani.jpg
https://2.bp.blogspot.com/-XXnLV-mKMpU/W0RBOpcAhRI/AAAAAAAA-Sc/z7iZhasP7PEOloGKP7eU2zUvpcO-W332wCLcBGAs/s72-c/lakhani.jpg
South Punjab News
http://www.southpunjabnews.com/2018/07/stormfiber-pakistani-fiber-broadband.html
http://www.southpunjabnews.com/
http://www.southpunjabnews.com/
http://www.southpunjabnews.com/2018/07/stormfiber-pakistani-fiber-broadband.html
true
949454145819430215
UTF-8
Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy