Govt Sets Base Price for Additional Spectrum Auction
The government has set a base price of $31 million and $29 million for the spectrum auction in 1,800 MHz and 2,100 MHz bands, respectively, which is likely to be held in June 2021, Propakistani has learned.
Well placed sources revealed that the Ministry of Information Technology and Telecommunications is likely to issue a policy directive next week, to Pakistan Telecommunication Authority (PTA) for conducting a spectrum auction in June 2021.
PTA had hired an international firm – Frontier Economics Ltd – as a consultant for spectrum auction of 1800 MHz and 2100 MHz bands. The firm presented its report to the Advisory Committee for the release of Next Generation Mobile Services (NGMS) on April 29, 2021, which was presided over by Finance Minister Shaukat Tarin.
Finance Minister Dr Hafeez Sheikh on Thursday said the sale of maximum possible Next Generation Mobile Services (NGMS) spectrum will contribute towards overall economic growth. DawnNewsTV
ISLAMABAD: Finance Minister on Thursday said the sale of maximum possible Next Generation Mobile Services (NGMS) spectrum will contribute towards overall economic growth through digitalisation and improve the quality of broadband services in Pakistan.
Chairing a meeting of the the Advisory Committee, the minister asked the consultants to follow a proactive approach and meet the given deadlines for the release of NGMS spectrum.
Meanwhile, sources in the official circle stated that the government expects to raise around $1 billion from the spectrum auction at a time there is a strong reaction from the telecom companies against the auction.
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