Four telecommunications companies have announced that they have submitted bids for the next generation spectrum (NGMS) auction in Azad Jammu and Kashmir (AJK) and Gilgit-Baltistan (GB) to be conducted by PTA.
According to sources, Pakistani Telecom Authority (PTA) received bids from all four telecom operators (Telenor Pakistan, Pakistan Mobile Communication Limited (PMCL / Jazz), Pakistan Mobile Communications Limited (Ufone) and China Mobile Pakistan (CMPak / Zong) in exchange for 1800 and 2100 MHz Spectrum.
The regulator will issue an interim qualification proposal in accordance with the rules set on Thursday.
The PTA has sought applications from mobile operators for a 16 MHz to 1800 MHz paired frequency and a 30 MHz pair for a technologically neutral 2100 MHz NGMS in AJ&K and the Gilgit Baltista.
According to sources, this is a good sign for the government, as all four companies have submitted their bids, and it is expected to receive Rs. 7-8 billion in proceeds from this 15-year auction.
It’s worth noting that the in recent Spectrum Auction held by PTA, only Ufone participated as strict conditions of the auction kept other players at bay. This has apparently annoyed the Government, who was expecting up to $1 billion in revenue from the auction.
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