Moving: Pakistan to public sale further telecom spectrum; seeks $1 billion

By Asif Shahzad

ISLAMABAD (Reuters) – Pakistan will this week launch up the approach of promoting unused telecom spectrum in an public sale it hopes will elevate spherical $1 billion and enhance community skill, acknowledged three senior authorities officials accustomed to the matter.

The spectrum is in the 1800 and 2100 MHz bands in overall prone by operators for 4G LTE (lengthy-length of time evolution) networks that provide sooner video streaming and Web downloads, acknowledged the officials.

They asked no longer to be named as they weren’t accredited to focus on about the matter with the media.

The country plans to kick-launch the approach by laying out plans to relieve a world consulting firm that will influence the final public sale process, and dispute on pass pricing and other tiny print, they acknowledged, including that no sale date has yet been spot.

Pakistan is anxious to top off deliver coffers which had been hit by a hotfoot in the economy and in tax collections exacerbated by the coronavirus pandemic.

A spokesman for Pakistan Telecommunication Authority (PTA) acknowledged the technique to rent a expert for “Spectrum Public sale 2020-21” has been initiated. He declined to present further tiny print.

The country has some 85 million 3G/4G subscribers, and the upcoming public sale is seen a precursor to any 5G launch.

The Pakistan telecom market is dominated by Jazz, backed by Netherlands-based mostly mostly Veon Ltd (AS:); Telenor Pakistan, backed by Norway’s deliver-managed Telenor (OL:); Zong, owned by China Mobile (HK:) and Ufone, which is managed by deliver-owned Pakistan Telecommunication Company Ltd.

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