Government to generate Rs 50b from 3G launch

By
fraaz
-
13
153

Government is all set to generate Rs50 billion during current fiscal year 2011-12 after launching auction of 3G license process in February next year. According to official sources, the Ministry of Information Technology has completed all formalities and procedures of the license auction. Sources further told that the auction may take a few months after it would be announced formally by the government and bidding is expected to be completed by the second week of March 2012. There will be three licenses auctioned to the operators that would participate in the bidding process, sources added.
It is also informed that participating operators may be new contestants besides those already operating in the country. The 3G auction has been focused by the economic policymakers for the last couple of years and it is believed that telecom sector through advancement of technology will bring handsome foreign direct investment (FDI). This will not only boost economy activities in the country but it will be helpful to support the deteriorating economy of the country.

RELATED ARTICLESMORE FROM AUTHOR

13 COMMENTS

    • Telenor cox they already shifts their network to 3G and also make a test 3G call wich was successful… jxt simple permission is needed from PTA to turn it on eheheh …!

  7. It's true very soon 3G will be launched in Pakistan and we are working hard on it, hopefully, all the document work will be completed in couple of months. Users can enjoy the 3G services next year.

Comments are closed.