It is expected to be held in the month of June this auction for the consultants and mobile telephony spectrum have represented the optimism that this will prove a successful element. The reason is quite simple that the potential available in our country.
On Thursday, the statement was given by a consultant at the meeting of the advisory committee for the release of the NGMS (the Next Generation Mobile Services) spectrum at the Finance Division, which is chaired by the Federal Minister for Revenue and Finance Shaukat Tareen.
The recommendations were approved by the committee for selling the spectrum within the meeting, along with the consultant may hold the meetings with the stakeholders in the upcoming round, and related to the auction process, it may forward the brief.
After that in the upcoming step of the consultant will forward the ‘information memorandum’ consisting of the details of the procedures connected to this auction to be put on sale 1,800 and 2,100 MHz bands.
The Federal Minister for IT and Telecommunication Syed Amin ul Haque, adviser to the PM on Commerce Abdul Razak Dawood, Executive Director of the Frequency Allocation Board (FAB) Federal Minister for Science and Technology Senator Shibli Faraz, federal secretaries of relevant ministries, chairman of the Pakistan Telecommunication Authority (PTA), and some other officers as well.
The key for expanding and strengthening the IT/communication services in over Pakistan, the IT minister stated the committee for the sale of the spectrum was.
The consultant for the spectrum auction from 1,800 MHz to 2,100 MHz bands, the committee briefed it recently.
It is informed according to the report of the committee that the “Spectrum Auction of Pakistan 2020-21” was actually focused on increasing and the regulatory consistency for the investors from the mobile broadband proliferation. It will surely have a great impact on the whole economic growth of our country.
The consultant represented the confidence that there was vital potential for the growth of telephony and broadband across Pakistan. Next, the existing 4 cellular firms were intended to obtain the additional spectrum to the harness for the opportunities of the growth.
The consultant showed confidence regarding the auction that would be significant revenue for the government.
The PTA and the consultant (Frontier Economics) signed a contract in January 2021 for the provisional services of consultancy for the spectrum of the auction in Pakistan 2020-21.
Including telecommunication, Frontier Economics Ltd is one of the largest independent Europe’s economic consultancy organizations along with experts across a range of industries.
Amir Azeem Bajwa, the PTA Chairman also stated that the committee regarding the arrangements of the underway for the sale of available spectrum.
In addition, he presented a brief presentation regarding the specification of the methodology and available spectrum bands for selling the international best practices in the line.
The meeting is also noted the depth analysis that would be accomplished the demand of the device and for the spectrum of a strategy for its packaging and pricing.
Regarding the stock of the situation, for the available spectrum, the finance minister directed to expedite the sale process. He stressed making all operators an equal and fair chance in the process.
Mr Tareen also put the stress that all the stakeholders have to ensure the maximum participation for successful completion of the sale transaction across the board.