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

Tax Exemption for IT Freelances
Business

Pakistan Technology Exports Declined 3% In February 2023

March 20, 2023
Japan Plans $75 Billion Investment Across Indo-Pacific To Counter China
Business

Japan Plans $75 Billion Investment Across Indo-Pacific To Counter China

March 20, 2023
Rich To Pay For 100 Rupees Subsidy On Petrol For Poor People – Pakistan Petroleum Minister
Business

Rich To Pay For 100 Rupees Subsidy On Petrol For Poor People – Pakistan Petroleum Minister

March 20, 2023

Recent News

Tax Exemption for IT Freelances

Pakistan Technology Exports Declined 3% In February 2023

March 20, 2023
Japan Plans $75 Billion Investment Across Indo-Pacific To Counter China

Japan Plans $75 Billion Investment Across Indo-Pacific To Counter China

March 20, 2023
Rich To Pay For 100 Rupees Subsidy On Petrol For Poor People – Pakistan Petroleum Minister

Rich To Pay For 100 Rupees Subsidy On Petrol For Poor People – Pakistan Petroleum Minister

March 20, 2023
PSX Added 30 New Companies To Shariah Compliant Index

Pakistan Stock Exchange Changes Two Brokerage Houses To Trading Only Category

March 20, 2023
Pakistan Current Account Deficit Plunged 86% in February 2023 To Lowest Level In Two Years

Pakistan Current Account Deficit Plunged 86% in February 2023 To Lowest Level In Two Years

March 20, 2023

Popular News

  • Central Directorate of National Savings

    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
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall for the Straight Second Day Against Dollar on Opening of LCs

    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 Technology Exports Declined 3% In February 2023
  • Japan Plans $75 Billion Investment Across Indo-Pacific To Counter China
  • Rich To Pay For 100 Rupees Subsidy On Petrol For Poor People – Pakistan Petroleum Minister

Category

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

Recent News

Tax Exemption for IT Freelances

Pakistan Technology Exports Declined 3% In February 2023

March 20, 2023
Japan Plans $75 Billion Investment Across Indo-Pacific To Counter China

Japan Plans $75 Billion Investment Across Indo-Pacific To Counter China

March 20, 2023
  • 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.