Telenor, Mobilink, Zong and UFone Qualify for 3g 4g auction

Pakistan Most Famous Telecommunication Companies “Telenor, Mobilink, Zong and UFone Qualify for 3g 4g auction of 3g and 4g Network“. All the four existing telecom companies who had submitted bids 3G and 4G spectrum licenses have qualified for the auction, keeping on track the government’s plan to raise up to $1.3 billion from the auction.

After the success of the auction process offering announced will be on April 23. Read Warid 4G LTE – Warid Telecom give 4G LTE Service in Pakistan.
Officials say 3G license will be sell of 295 million dollar price and 4G’s cost of a license is 210 million dollars.

The biggest blow dealt in the highly anticipated spectrum auction was the absence of any new entrant. This reduced the government’s estimates for revenue to $1.3 billion, down from the earlier estimates of $2 billion.

Telenor, Mobilink, Zong and UFone Qualify for 3g 4g auction [howpk.com]

The PTA chairman Syed Ismail Shah said the next six days were crucial and misreporting may adversely impact the auction scheduled for April 23 by encouraging any outsider to seek a stay order from a court. In its order, the court mentioned that these bidders, on account of their specialization and sophistication in the industry, may not be influenced by the press reports.

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