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Breaking News: Pakistan's 3G Auction Plan Revealed, Base Price Set at $295 Million, 4G On Sale Too!
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Mr Justice
Minister (2k+ posts)
Well, now the Govt must be thinking deeper, not to auction the 4G, but to find the better ways to do wider corruption...........
Khubaib Alam
Minister (2k+ posts)
Aane do yar kisi trah to aye..itne sakht media aur PTI ki opposition k hote huwe i think "Ghaple" k chance kamm hen,but agr 3G ki licensing yun he delay hoti rae to dunya se bohat piche reh jayen ge hm itna bra Telecom aur communication sector hone k bawjud
Do not worry it is not Buzdil Khan party funds that Buzdil Khan family and friends will fill their pockets with.
PTI can not stop Buzdil Khan family and friends from looting party funds and you expect them to stop corruption on national level.
Mazloom Ki Aawaz
MPA (400+ posts)
Eagerly waiting for high speed broadband
indigo
Siasat.pk - Blogger
website is based on youtube's videos but filters sensitive content
Install this extension for chrome and forget if YouTube is blocked.
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Mr Justice
Minister (2k+ posts)
Well, whatever.........keep on burning from all the available holes in you.........and keep kissing on your Taliban & Noora friends.........
affanpervez
Minister (2k+ posts)
3G auction postponed to mid April
Govt to auction 3G licences by mid-April
Finance Minister Ishaq Dar (R) and Minister of State for IT Anusha Rahman (L) address a press conference on the spectrum auction in Islamabad on Friday. PHOTO: PID
ISLAMABAD: Prime Minister Nawaz Sharif has cleared a plan to auction licences to run third- and fourth-generation cell phone networks by the middle of April, Finance Minister Ishaq Dar announced on Friday.
Islamabad expects to raise at least $1.6 billion through the spectrum auction.
The government has set a minimum price of $295 million for each 3G licence and $210 million for each 4G licence, the minister told a news conference.
The government, according to Dar, is willing to entertain new entrants so long as they acquire a GSM licence worth $291 million in order to take part in the bid for the two bands.
According to the finance minister, the accumulative minimum value of six licences is $1.6 billion, which is better than the initial estimates of $1.2 billion. Dar explained the minimum price will be the starting price for the bid.
Highlighting details of auction, Dar said, the government would be looking for full payment in advance, or a 50% payment with the rest to be paid in five equal installments over five years. But, unlike the past, the bidder will have to pay an interest rate equal to London Interbank Offered Rate with an additional 3%, he added.
The telecom companies had urged the government to set realistic minimum bid price and also set easy payment terms.
While admitting that precious time had been lost in auctioning of the future generation spectrum licenses, Dar said countries like Afghanistan and India were ahead of Pakistan.
Expressing hope, the finance minister said the provision of new services will help create more jobs in the country.
Dar said the successful culmination of the auction process will ensure rapid availability of high-end and new generation of information and communication technologies in the country that would promote connectivity.
He assured that the government will not compromise on transparency during the process. Dar announced that Information Memorandum will be made public on Monday and the auction process will be completed by April 15.
Responding to a question, the finance minister said the only way to prevent collusion of the existing five mobile cellular service providers was the entry of at least one new player in the market. He said Qatar has already shown interest to participate in the process.
Meanwhile, the Minister of State for Information Anusha Rehman is also expected to meet the owners of Turkish companies in an attempt to persuade them to take part in the auction process.
The finance minister said the reserve price and other terms of the auction have been devised by M/s Value Partner Management Consulting Limited, which has vast experience in designing IM for the auction of the spectrums.
The 3G licences will be offered for 10MHz in 2100 MHz band while the 4G will be offered for 10 MHz in1800 MHz, said Dar. He said all the licences have been offered for a period of 15 years with a provision of renewal of the term. However, the telecom companies have demanded a 20-year term.
http://tribune.com.pk/story/674816/govt-to-auction-3g-licences-by-mid-april/
Govt to auction 3G licences by mid-April
ISLAMABAD: Prime Minister Nawaz Sharif has cleared a plan to auction licences to run third- and fourth-generation cell phone networks by the middle of April, Finance Minister Ishaq Dar announced on Friday.
Islamabad expects to raise at least $1.6 billion through the spectrum auction.
The government has set a minimum price of $295 million for each 3G licence and $210 million for each 4G licence, the minister told a news conference.
The government, according to Dar, is willing to entertain new entrants so long as they acquire a GSM licence worth $291 million in order to take part in the bid for the two bands.
According to the finance minister, the accumulative minimum value of six licences is $1.6 billion, which is better than the initial estimates of $1.2 billion. Dar explained the minimum price will be the starting price for the bid.
Highlighting details of auction, Dar said, the government would be looking for full payment in advance, or a 50% payment with the rest to be paid in five equal installments over five years. But, unlike the past, the bidder will have to pay an interest rate equal to London Interbank Offered Rate with an additional 3%, he added.
The telecom companies had urged the government to set realistic minimum bid price and also set easy payment terms.
While admitting that precious time had been lost in auctioning of the future generation spectrum licenses, Dar said countries like Afghanistan and India were ahead of Pakistan.
Expressing hope, the finance minister said the provision of new services will help create more jobs in the country.
Dar said the successful culmination of the auction process will ensure rapid availability of high-end and new generation of information and communication technologies in the country that would promote connectivity.
He assured that the government will not compromise on transparency during the process. Dar announced that Information Memorandum will be made public on Monday and the auction process will be completed by April 15.
Responding to a question, the finance minister said the only way to prevent collusion of the existing five mobile cellular service providers was the entry of at least one new player in the market. He said Qatar has already shown interest to participate in the process.
Meanwhile, the Minister of State for Information Anusha Rehman is also expected to meet the owners of Turkish companies in an attempt to persuade them to take part in the auction process.
The finance minister said the reserve price and other terms of the auction have been devised by M/s Value Partner Management Consulting Limited, which has vast experience in designing IM for the auction of the spectrums.
The 3G licences will be offered for 10MHz in 2100 MHz band while the 4G will be offered for 10 MHz in1800 MHz, said Dar. He said all the licences have been offered for a period of 15 years with a provision of renewal of the term. However, the telecom companies have demanded a 20-year term.
http://tribune.com.pk/story/674816/govt-to-auction-3g-licences-by-mid-april/
Freedomlover
Minister (2k+ posts)
Re: 3G auction postponed to mid April
pehlay February ka time diya tha ab April fool
pehlay February ka time diya tha ab April fool
Only.Patriot
Voter (50+ posts)
Re: 3G auction postponed to mid April
Ishaq Newton we know that since the "formula for commission" distribution havent been prepared how can the auction take place lol
Ishaq Newton we know that since the "formula for commission" distribution havent been prepared how can the auction take place lol
rashidfarooq
Senator (1k+ posts)
Re: 3G auction postponed to mid April
بخدا جتنی یہ ن لیگ کی گھامڑ حکومت ٹیکنالوجی اور سائنس سے گریزپا ہے اتنی تو افغانستان کی حکومت بھی نہیں۔ ان کے بس میں ہو تو عوام کو پتھر کے دور میں واپس لے جائیں اور ٹرانسپورٹ میں گدھا گاڑیوں کا استعمال کروائیں۔ اتنے جاہل لوگ ہمارے حکمران بن بیٹھے ہیں۔ ایک طرف یوٹیوب کو اتنا بڑا مسئلہ بنا کررکھ دیا ہے کہ اس پر قانون سازی ہورہی ہے، بل پاس ہورہے ہیں اور نہ ہر ہفتے پریس ریلیز جاری کی جارہی ہے، پتہ نہیں ان جاہلوں نے کبھی یوٹیوب کو کھول کر دیکھا بھی ہے یا نہیں ، اسے تو انہوں نے ڈرون اشو سے بھی بڑا مسئلہ بنا کر رکھ دیا ہے۔ دوسری طرف دنیا کب کی تھری جی ٹیکنالوجی سے آگے بڑھ چکی اور جاہلان کا یہ ٹولہ ابھی تک تھری جی ٹیکنالوجی کی نیلامی ہی نہیں کرواسکا۔ ان خر برادران کو کوئی ایتھوپیا میں حکمران لگا دے اور ہماری جان چھڑوائے۔
Bilal Raza
Prime Minister (20k+ posts)
PM Nawaz Sharif approves policy directive for auction of 3G, 4G licenses
Rizwan2009
Chief Minister (5k+ posts)
Re: 3G auction postponed to mid April
ايتھوپيا ميں ڈالر جو نہيں ہيں ان شريفوں نے وہاں جا کر کيا کرنا ہے پاکستان ہي تو وہ ملک ہے جہاں يہ شرفاء ڈالر وں کا دھندا کررہے ہيں
ايتھوپيا ميں ڈالر جو نہيں ہيں ان شريفوں نے وہاں جا کر کيا کرنا ہے پاکستان ہي تو وہ ملک ہے جہاں يہ شرفاء ڈالر وں کا دھندا کررہے ہيں
