Govt Makes $279 Million from Spectrum Auction

miafridi

Prime Minister (20k+ posts)
1614605740-27.jpg


Ufone had submitted a bid of $279 million for a 9MHz block in a 1800Mhz band, and since there were no other operators participating in the auction process, the total proceeds from spectrum auction will stand at $279 million.

This was stated by General (Retd.) Amir Azim Bajwa during a press briefing at the Pakistan Telecommunication Authority headquarters moments ago.

The Pakistan Telecommunication Authority (PTA) had set a base price of $31 million per 1MHz for the 1800MHz band, and $29 million per 1MHz for the 2100MHz band.

General Bajwa confirmed that only Ufone had come forward to partake in the auction and it will get the spectrum at the base price.

The Chairman of the PTA said that it has set certain KPIs to ensure the quality of service and standards of the telephony and broadband services in the country. He stated that a minimum benchmark speed for wireless internet is now being set at 4Mbps, and it will be mandatory for operators to offer (at the very least) 4Mbps speed on their 4G networks.

It may be recalled that the new benchmark of 4Mbps speeds will be effective six months from now.

The Chairman of the PTA emphasized that the operators that fail to meet the minimum quality of service requirements will be penalized, and this will be applicable to all the operators in Pakistan.

General (Retd.) Bajwa said that the PTA will conduct regular QoS surveys to ensure that all operators fulfill the minimum quality and coverage requirements.

The Chairman of the PTA claimed that all the operators had been consulted during the preparation of the Information Memorandum (IM) of the spectrum auction, and said that the PTA had taken all the measures to ensure that the conditions for the operators are eased to the maximum extent.

https://propakistani.pk/2021/09/10/...7XMos69kY9o-1631281258-0-gqNtZGzNAhCjcnBszQ59
 

Doom1111

Minister (2k+ posts)
1614605740-27.jpg


Ufone had submitted a bid of $279 million for a 9MHz block in a 1800Mhz band, and since there were no other operators participating in the auction process, the total proceeds from spectrum auction will stand at $279 million.

This was stated by General (Retd.) Amir Azim Bajwa during a press briefing at the Pakistan Telecommunication Authority headquarters moments ago.

The Pakistan Telecommunication Authority (PTA) had set a base price of $31 million per 1MHz for the 1800MHz band, and $29 million per 1MHz for the 2100MHz band.

General Bajwa confirmed that only Ufone had come forward to partake in the auction and it will get the spectrum at the base price.

The Chairman of the PTA said that it has set certain KPIs to ensure the quality of service and standards of the telephony and broadband services in the country. He stated that a minimum benchmark speed for wireless internet is now being set at 4Mbps, and it will be mandatory for operators to offer (at the very least) 4Mbps speed on their 4G networks.

It may be recalled that the new benchmark of 4Mbps speeds will be effective six months from now.

The Chairman of the PTA emphasized that the operators that fail to meet the minimum quality of service requirements will be penalized, and this will be applicable to all the operators in Pakistan.

General (Retd.) Bajwa said that the PTA will conduct regular QoS surveys to ensure that all operators fulfill the minimum quality and coverage requirements.

The Chairman of the PTA claimed that all the operators had been consulted during the preparation of the Information Memorandum (IM) of the spectrum auction, and said that the PTA had taken all the measures to ensure that the conditions for the operators are eased to the maximum extent.

https://propakistani.pk/2021/09/10/...7XMos69kY9o-1631281258-0-gqNtZGzNAhCjcnBszQ59
miafridi will this amount be in dollar and will it be credited into SBP reserve on 16th of this month?

arafay
 
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Cornered Tiger

Councller (250+ posts)
It is Shaukat Tarin fault. Jazz said that to delay this for a week and also said the same Telenor and IT minister wanted too but Shaukat Tarin said not delay it to 23rd September.
Companies were delaying this for too long now. It should not be dependent on someone.

Patwariyun ko nahin ani samajh.
 

Doom1111

Minister (2k+ posts)
The amount should have been more - what bandwidths were sold?
Problem was that our companies are too greedy. Shaukat Tarin first allowed the biding on local currency on August 1st ,however, due to devaluation than he shift the entire biding on dollar term, which was right ,however, 3 companies wanted more time than Shaukat Tarin give 1 week ,however, 3 companies said they want 15 days ,which was rejected by FM.
 

karachiwala

Prime Minister (20k+ posts)
Problem was that our companies are too greedy. Shaukat Tarin first allowed the biding on local currency on August 1st ,however, due to devaluation than he shift the entire biding on dollar term, which was right ,however, 3 companies wanted more time than Shaukat Tarin give 1 week ,however, 3 companies said they want 15 days ,which was rejected by FM.
the government in Canada made more than 750 million from this auction and we have a whole lot more users than Canada. these service providers should be audited too
 

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