Wednesday, 23 April 2014

PTA received $425 Million for 3G License during Auction

Today, PTA has set the auction for the sale of 3G and 4G Spectrum. One Telecom Company has bid the License for $425 Million. The availability of 3G Spectrum will change the way we communicate and explore the Virtual World of Internet.



PTA is expecting to earn $1 to $2 Billion. The Telecom Companies are more interested in 3G spectrum instead of 4G as the current frequency suits 3G.

4 Mobile Companies are participating in auction including Mobilink Jazz, Ufone, Telenor and Zong, while Warid is not a part of this Auction.

The current Auction is for 5 major cities of Pakistan including Lahore, Islamabad, Karachi, Peshawar and Quetta. The Second Phase of Auction will cover other 80 Cities. The Second Phase for the sale of 3G Spectrum will start about 18 months later.

The launch of 3G will boost up Pakistani Telecom Sector and will create about 10,000 of Telecom Jobs.

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