4G and 3G Network Auction in Pakistan
Government of Pakistan Announce to bring “4G and 3G Network Auction in Pakistan“. Auction of 4G & 3G Technologies start in Pakistan on April 2014.
Finance Minister Ishaq Dar said, “A 3G license will cost $295 million and a 4G license will cost $210 million”.
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He said the government would be looking for full payment, or a 50 per cent payment with the rest to be paid in five equal installments over five years, with an interest rate of three per cent.
Finance Minister Ishaq Dar said, according to the Pakistan Telecommunication Authority, There are about 132 million mobile phones in use in Pakistan, a country of 180 million people.read Ufone 3G Packages – Ufone now provide 3G Commercially.
Pakistan will hold long-awaited auctions for 3G and 4G telecoms licenses this April, the finance minister said on Friday, a step that could help boost the cash-strapped country’s foreign reserves.
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