AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

Govt Raised USD 30 Million Through Spectrum Auction For AJ&K And GB: PTA

admin-augaf by admin-augaf
September 29, 2021
in Business, National
Reading Time: 2 mins read
0
Govt Raised USD 30 Million Through Spectrum Auction For AJ&K And GB: PTA

Govt Raised USD 30 Million Through Spectrum Auction For AJ&K And GB: PTA

Share on FacebookShare on TwitterWhatsapp

Islamabad September 29, 2021: The first ever cellular spectrum auction for Next Generation Mobile Services (NGMS) in Azad Jammu & Kashmir (AJ&K) and Gilgit Baltistan (GB) was successfully concluded today at PTA Headquarters, Islamabad.

The electronic auction was participated by two operators: CMPak (Zong), and PMCL (Jazz) for 1800 MHz band. The electronic auction went up to 18 rounds and was concluded by declaring Zong as the winner of 10 MHz (2 blocks of 5 MHz) in 1800 MHz band against the price of USD 14.398 million. The spectrum sold in 1800 MHz band is 85% of the total offered spectrum in the said band for AJ&K and GB. Furthermore, Telenor, Ufone and Zong have also won 1.2 MHz in 1800 MHz band.


A L S O || R E A D

No Extension In Date Of Income Tax Return Filing: FBR


Telenor Pakistan is declared winner in 2100 MHz band for a spectrum of 15 MHz against the set base price. The spectrum sold in 2100 MHz band is 50% of the total offered spectrum in the said band.

The total revenue generated from this spectrum auction process for AJK & GB stands at over USD 30 million.


A L S O || R E A D

SBP extends banking hours as FBR is unlikely to extend Income tax filing deadline


PTA completed the auction process with assistance of internationally reputed consultant JV Telconet / Frontier Economics who was onboard since April 2021, and conducted thorough consultation with cellular industry and other stakeholders. Government of Pakistan constituted Auction Advisory Committee in October 2020 under the chairmanship of Finance Minister. Policy Directive was issued on 11th August 2021 under which PTA initiated the process for fair and transparent spectrum auction process ensuring consumer interests.

The addition of this spectrum will help Cellular Mobile Operators (CMOs) to provide better data and voice services in the two regions currently being focused for promotion of tourism.

admin-augaf

admin-augaf

Related Posts

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA
Business

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold
Business

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met
Business

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
Pakistan will get back $900 million payment of Reko Diq dispute if conditions not met

ADB To Provide $410 Million For Reko Diq Project

August 22, 2025
Moody

Moody’s Upgrade Ratings of Five Pakistani Banks

August 20, 2025
EPQL accept PPIB proposal to operate plant on comingled fuel but at its own cost

EPQL Executed Supplemental Agreement to PPA with CPPA for Additional Gas

August 20, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments
  • Gold Fields Half-Year Profit Triples on Record Prices
  • ADB To Provide $410 Million For Reko Diq Project

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Pakistan Textile Exports increased 26 percent to USD 14.26 billion YoY in 9MFY22: APTMA

Pakistan’s Textile Exports Surge 32% in July, Led by Value-Added Segments

August 22, 2025
Gold

Gold Fields Half-Year Profit Triples on Record Prices

August 22, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.