PM to award 3G, 4G Mobile licenses to successful bidders today

ISLAMABAD: Prime Minister Mohammad Nawaz Sharif will award 3G and 4G Mobile Spectrum Licenses to the successful mobile operating bidders here on Thursday (Today).

In a very transparent auction held by Pakistan Telecommunication  Authority (PTA) in April 2014, the government raised $902.82 million in  the first auction for

3G mobile phone networks and $210 million for the 4G spectrum. Winning mobile operators for 3G License include Mobilink, Telenor and Ufone, while Zong was declared successful for both 3G and 4G Licenses.

Pakistan has more than 132 million mobile phone subscribers and has  now provided the latest mobile communication technology to its users.

Prime Minister Muhammad Nawaz Sharif had directed Ministry of Information Technology to speed up the introduction process of both 3G and 4G technologies in Pakistan and to catch up with the rest of the world.

The award of these licenses will contribute Rs 260 billion additional  revenue to the exchequer and at the same time open up thousands of employment opportunities in the country.