PakScoop

Ufone is the only Operator who Participated in Spectrum Auction

Mujtaba Ahmed
2 Min Read
www.pakscoop.com

Ufone has become the only operator to have submitted its bid for the auction of spectrum, as the deadline to submit bids expired minutes ago.

Pakistan Telecommunication Authority (PTA) under the provisions of Pakistan Telecommunication (Re-Organization) Act, 1996 and policy directive issued by the government, had earlier invited applications from interested Pakistani and foreign applicants/bidders for auction of spectrum in 1800 and 2100 MHz bands. And, PTA published an Information Memorandum on August 5, and the deadline for the interested operators to submit their applications and sealed-bid with pre-bid deposits was due on September 9.

According to sources, Ufone has emerged as the single operator to participate in the spectrum auction as no foreign or local operator has submitted its bid for the auction of the said spectrum.

“Since no other operator except Ufone has shown interest in getting the additional spectrum, it is expected that Ufone will get the additional spectrum at base price,” said sources.

Our sources said that Zong didn’t participate in the auction due to certain reservations while Telenor believed it’s not viable for them to invest in the additional spectrum at this point.

It is relevant to mention that the base price for the 2×1 MHz (1 MHz paired) spectrum in 1800 MHz was fixed at USD 31 million while the base price for 2×1 MHz (1 MHz paired) spectrum in 2100 MHz was set at USD 29 million.

When contacted with a spokesman of PTA to confirm the information, he said,” Once all formalities are completed details shall be announced.”

Posted by Mujtaba Ahmed
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I am a tech and corporate expert with 7+ years of experience, specializing in leveraging technology to enhance business growth and efficiency. As a skilled writer and commentator, I am known for simplifying complex concepts.
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