The government expects to generate roughly Rs. 30 billion through the auction of an extra 3G/4G spectrum, dubbed Top Up, by the government.
According to reliable sources, around 15 MHz of spectrum is available for Top Up, and the government will make the final choice once the cellular operators’ requests are submitted.
The Ministry of Information Technology and Telecommunication (MoITT) has requested spectrum demand from telecom companies within two weeks, according to sources.
According to sources, the Federal Cabinet will form a spectrum auction committee, which would be chaired by the Finance Minister.
The government would enable the release of an extra spectrum after receiving agreement from the cabinet’s Economic Coordination Committee (ECC) and the federal cabinet. In addition, the government anticipates non-tax revenue of roughly Rs. 30 billion from the extra spectrum allocation.
Because cellular carriers were hesitant to participate in the latest auction due to high pricing and difficult circumstances, the government’s expected revenue prediction of $1 billion was missing.
Secretary of State for Information Technology and Telecommunications Mohsin Mushtaq Chandna presided over a high-level meeting in the MoITT to review service quality, customer complaints, and spectrum infrastructure requirements.
To read our blog on “By March, 3G and 4G customers had risen to 113.11 million, PTA,” click here