ISLAMABAD (APP) - The telecom sector has attracted merely $79.1 million foreign direct investment (FDI) in the fiscal year 2010-11, showing a declining trend as compared to previous years. The share of telecom sector in overall FDI contracted to 5 per cent in the previous fiscal year against 17 percent of the year 2009-10. The FDI in telecom sector was 1824 million dollars in 2006-07, 1438m dollars in 2008-09, 815 million dollars in 2008-09 and 374 million dollars in 2009-10. According to a telecom news website quoting official statistics reported on Thursday that the overall telecom sector including Long Distance International (LDI), cellular, broadband and various class value-added service providers have brought only $79.1 million FDI during 2010-11. The telecom industry that contributed highest in the FDI among all different industries has failed to continue its spending on infrastructure and technology, as telecom operators are reluctant to invest in the country where their returns are constantly squeezing against their increasing operational expenses. The FDI level is the lowest since year 2003-04 in the telecom sector as FDI continued to increase till 2009-10. The sector used to be considered highly potential as landing billion dollar investment with host of economic activities.