MoIT Issues Policy Directive For Renewal of Telco Licenses
From the Blog propakistani The Ministry of Information Technology and Telecommunication has issued policy directive to Pakistan Telecommunication Authority (PTA) and Frequency Allocation Board (FAB) for renewal of three cellular mobile licenses. According to the policy directive, the renewal price for the right to use frequency spectrum included in the licenses being renewed shall be in accordance with per MHz price benchmarks from frequency spectrum auctions of 2016 and 2017 i.e. per MHz price for frequency spectrum in 900 MHz and 1800 MHz shall be USD 39.5 million and USD 29.5 million, respectively. The tenure of the renewed licenses shall continue to be 15 years. Directive said that the payment terms shall be 100% upfront or 50% upfront with remaining 50% on five equal annual installments on LIBOR+3%pakistanblogs.blogspot.comRead Full Post
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