Rs. 166 million received by PTA as a 1st annual installment of GB & AJK 3G/4G licenses

Rs. 166 million received by pta as a 1st annual installment of gb & ajk 3g/4g licenses

According to the terms of each license, Telenor Pakistan Limited (Rs. 154 million) and Pak Telecom Mobile Limited (Ufone) (Rs. 12 million) have paid the first annual installment of the Next Generation Mobile Services (NGMS) Licenses for Azad Jammu and Kashmir (AJK) and Gilgit-Baltistan (GB) in full amounts of Rs. 166 million (or $0.744 million) to the Pakistan Telecommunication Authority (PTA).

The telecom regulator also received Rs. 1.88 billion ($8.76 million) earlier in August from CMPak Limited (Zong) as part of an upfront 50% renewal cost for its license renewal in the year 2022.

Since 2021, PTA has been awarded Rs 9.57 billion (about $54.66 million) in response to cellular mobile license renewals and spectrum auctions in AJ&K and GB.

To read our blog on “No import taxes on personal mobile phones from abroad: PTA,” click here.

Asad Hassan
Exit mobile version