ISLAMABAD-
The process for awarding 3 and 4G cell phone spectrum licenses is underway in Islamabad, in which four cellular companies are taking part.
The process began with the announcement of base price of the bid for both the licenses, and PTA has allotted symbols to all four bidders to move forward the process.
It is mentioned here that all the four bidders are mobile operators already working in the field.
The four bidders are submitting their final bids for the license and PTA will finally announce the result through electronic system.
PTA has fixed base price of 295 million US dollars for 3G (2100 MHz) spectrum-band, 291 million US dollars for 4G (1800 MHz) spectrum-band.
One license of 850 MHz spectrum-band will be allotted to any new telecommunication company for which the base price is fixed at 210 million US dollars.