PTA announces names of qualified bidders 3G and 4G spectrum auction
- By Zohaib Kazmi -
- Apr 17, 2014
ISLAMABAD: Pakistan Telecommunication Authority (PTA) announced that four comapnies has qualified for the 3G and 4G spectrum auction of next generation mobile services, ARY News reported.
According to PTA, it has received bids from four existing Cellular Mobile Operators (CMOs) on April 14 out of five for 1800 MHz and 2100 MHz Spectrum and after scrutiny of submitted bids, all four operators China Mobile (Zong), Mobilink, PTML (Ufone) and Telenor Pakistan have qualified for the bidding.
The qualified bidders for spectrum auction of next generation mobile services will be held on April, 23.
PTA sources informed three 3G licenses and two 4G licenses will be auctioned. And in order to buy 4G license buying of a 3G license is mandatory.
The lowest biding price set for 3G license is $290.5 million while for 4G it is $210 million.