ISLAMABAD: Prime Minister Nawaz Sharif on Thursday said the successful auction of 3G and 4G spectrums had opened up new world of exploration and achievements. He said the much delayed initiative has brought to Pakistan the cutting edge technology that will help the nation achieve new frontiers of advancement. “My most earnest congratulation to the […]
ISLAMABAD: The auction of 3G and 4G licences has made Pakistan nearly $1.12 billion or Rs111 billion richer, putting it very close to the expected $1.2 billion target the government had set for itself in the budget for FY2013-14. The government had expected to make Rs120 billion and was counting on revenue from the telecom […]
Since Finance Minister Ishaq Dar’s declared intention to raise Pakistan’s foreign exchange reserves, expected revenue from a 3G and 4G telecom licence auction was part of the government’s calculations. Initially the government expected as much as $ 1.5 billion from the auction. However, recently that amount inflated to $ 2 billion and numbers as high […]
Pakistan Telecommunications Authority (PTA) received four bids for spectrum auction for the next generation of mobile services by the 14th April deadline. The contenders include China Mobile, PTCL (Ufone), Mobilink and Telenor. Turkcell did not participate reportedly because it did not find the prospects attractive enough as a new entrant in the Pakistani market with […]
ISLAMABAD: The Finance Minister Ishaq Dar emphasised on Thursday that the process of 3G/4G auction should be transparent. He was chairing a meeting of the Spectrum Auction Advisory Committee on the progress made so far on the auctioning of spectrum licences. PTA Chairman Dr Syed Ismail Shah said the spectrum will provide increased download speed […]
The spectrum auction for the introduction of mobile broadband in Pakistan is in danger. As a central piece of Finance Minister Ishaq Dar’s budget strategy for FY2013-14 and the first test of foreign investors’ appetite to invest in Pakistan under the administration of Prime Minister Nawaz Sharif, this should be worrisome. The good news though […]
ISLAMABAD: A meeting of the Spectrum Auction Advisory Committee was held under the chairmanship of Federal Finance Minister Ishaq Dar at the finance ministry here on Wednesday. Secretary Ministry of Information Technology, Akhlaq Tarrar briefed the committee on the progress made so far on the auction of licences. He informed the committee that all the […]
KARACHI: Pakistan is planning to hold its long-delayed auction of 3G telecommunications licences by March, hoping to raise $2 billion with the sale, the government said Friday. A statement said the decision was taken at a meeting of the Spectrum Auction License Committee, chaired by Finance Minister Ishaq Dar in Islamabad. “Pakistan expects to earn […]
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