DTH License Bidding crossed 01 billion

mhafeez

Chief Minister (5k+ posts)
DTH License Bidding crossed 4.8 billion

Bidding of DTH License has crossed PKR 1000 million...A landmark in electronic media industry

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Abdul Baqi

MPA (400+ posts)
Stupid people are rejoicing on the amount must remember that you are going to pay all this in the form of higher dues on monthly DTH bills.
 

mhafeez

Chief Minister (5k+ posts)
Historic!! Bidding reaches 1240 million per DTH Licenses. About 4 billion injected in Pakistan economy. Pakistan opening a new era of digital technology. More facilities, more jobs to be created.
 

Will_Bite

Prime Minister (20k+ posts)
Historic!! Bidding reaches 1240 million per DTH Licenses. About 4 billion injected in Pakistan economy. Pakistan opening a new era of digital technology. More facilities, more jobs to be created.

LOL.
Please ask your economics professor for your money back:)
 

Will_Bite

Prime Minister (20k+ posts)
2nd round still in progress 1600+ mn each for three licenses it will be more than 5 bn, Inshaalah.

Im not disputing the numbers, nor am I doubting that it might hit 5bn. I was referring to your point about the money being injected into Pakistan's economy. Please read up on what happens in such stake sales.
 

mhafeez

Chief Minister (5k+ posts)
Im not disputing the numbers, nor am I doubting that it might hit 5bn. I was referring to your point about the money being injected into Pakistan's economy. Please read up on what happens in such stake sales.

We are naive in economics, please educate us more about this matter.
 

Will_Bite

Prime Minister (20k+ posts)
We are naive in economics, please educate us more about this matter.

The same thing as what happens in the the privatisation of companies. Stake sales bring in funds for the govt, not the public.
Now if you can shed light on when was the last time a privatisation or bandwidth sale invigorated the economy and how it created jobs, I would be enlightened. Otherwise if you simply want to rejoice on another ribbon cutting ceremony, then go for it.
 

mhafeez

Chief Minister (5k+ posts)
The same thing as what happens in the the privatisation of companies. Stake sales bring in funds for the govt, not the public.
Now if you can shed light on when was the last time a privatisation or bandwidth sale invigorated the economy and how it created jobs, I would be enlightened. Otherwise if you simply want to rejoice on another ribbon cutting ceremony, then go for it.

OK. Lets start with UBL and MCB privitisation. Later we will come to state cement and fertilizer. We can also start with 3G/4G auction and its impact:
http://www.siasat.pk/forum/showthread.php?506671-Internet-Data-Usage-Soaring-in-Pakistan
 

mhafeez

Chief Minister (5k+ posts)
Re: DTH License Bidding crossed 4.8 billion

PEMRA receives offers for Pakistan's 1st 3 DTH Licenses for Rs.4898 million each from M/s Mag Entertainment, M/s Shahzad Sky & M/s Startimes
 
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mhafeez

Chief Minister (5k+ posts)
PEMRA receives offers for Pakistan's 1st 3 DTH Licenses for Rs.4898 million each from M/s Mag Entertainment, M/s Shahzad Sky & M/s Startimes, while cable operators paid only 80 million in last 10 years to national kitty.
 

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