According to media reports, the Federal Cabinet approved the Telecom Infrastructure Sharing Framework and the formation of a committee for the 5G spectrum auction on Wednesday.
Telecom companies will be able to share resources such as towers, antennas, cable ducts, and other critical infrastructure under the infrastructure-sharing framework.
The sharing mechanism is intended to promote cooperation among telecom players, streamline resource utilization, and potentially reduce operating costs.
The potential for increased foreign direct investment (FDI) in the telecom sector is one notable feature of the framework.
Allowing companies to share critical components makes the industry more appealing to foreign investors. This, in turn, has the potential to lead to further growth and expansion.
5G Spectrum Auction
Furthermore, the framework’s adoption allows new companies to enter the domestic telecom space. Increased collaboration and shared resources can help to create a more competitive environment, which can benefit consumers by providing a broader range of services and options.
Aside from the framework, the Federal Cabinet has approved the formation of a 5G Spectrum Auction Committee.
Caretaker Finance Minister Shamshad Akhtar will chair this committee, which will be critical in the implementation of 5G technology.
It will include ministers of information technology, science and technology, industries and production, as well as secretaries of key divisions.
Various Frequency Bands
The committee’s primary responsibility will be to examine the availability of spectrum in various frequency bands, such as 700 MHz, 1800 MHz, 2100 MHz, and 2600 MHz.
Following that, based on the recommendations of PTA consultants, the committee will take steps to auction the spectrum.
In a statement issued following the meeting, the IT minister stated that the approval of the infrastructure-sharing framework will reduce telecom companies’ operational and maintenance costs. He stated that the framework’s savings will instead be used to upgrade the network.
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