All the four native telecommunication corporations, World Health Organization had qualified for the economy, managed to win a slice of 3G spectrum (2100 MHz) pie placed on provide. Zong tho’ managed to say one amongst the 2 4G licences (1800 rate each).
Zong was the best bidder within the 3G auciton, claiming a ten rate 3G band licence, qualifying for the 4G licence.Mobilink bagged the opposite ten rate 3G licence on the block. It failed to bid for the 4G licence.
Ufone, that had at first bid for the fifteen rate of 3G band, got five rate band of 3G. However, attributable to the means it at first bid, it had been disqualified for the 4G licence bid.
Telenor Islamic Republic of Pakistan won a five rate 3G licence.
The government managed to lift $902.8 million from the 3G auction and another $210 million from the 4G licence auction.
Talking to media once the auction, minister Ishaq Dar aforementioned that the remaining licence within the 1800 rate band and one license reserved for brand spanking new entrants are going to be sold within the coming back months, which might fetch further financial gain.
If sold, the overall cash raised from the spectrum auction can cross the expected revenue target of $1.3 billion.
Zong Win 4G License
Pakistan News: Zong Network Win 3G and 4G License, Auctions Final Result in Pakistan.
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