Prime Minister to award 3G and 4G Mobile Spectrum Licenses

Islamabad: Prime Minister Muhammad Nawaz Sharif will award 3G & 4G mobile spectrum licenses to the successful mobile operating bidders today (Thursday).

In the very transparent auction held by Pakistan Telecommunication Authority (PTA) in April, 2014 the government raised $902.82 million in the first auction for 3G mobile phone networks and $210 million for the 4G spectrum.

Winning mobile operators for 3G License include Mobilink, Telenor and Ufone, while as Zong was declared successful for both 3G and 4G Licenses.

Pakistan has more than 132 million mobile phone subscribers and has now provided the latest mobile communication technology to its users.

Prime Minister Muhammad Nawaz Sharif previously directed Ministry of Information Technology to speed up the introduction process of both 3G and 4G technologies in Pakistan simultaneously to catch up with the rest of the world.

The award of these licenses will provide Rs. 260 billion additional revenue to the exchequer and at the same time open up thousands of employment opportunities in the country.

The post Prime Minister to award 3G and 4G Mobile Spectrum Licenses appeared first on Pakistan Press International.

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