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Auction Spectrum of the 850 MHz to be Held on 13 June 2016- PTA

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Auction Spectrum of the 850 MHz to be Held on 13 June 2016- PTA

The Pakistan Telecommunications Authority has announced the date for the auction of the 850 MHz band. According to the PTA, auction will take place on 13 June 2016. However, the information memorandum is currently open for public comment and should be finalized by the end of May.

Auction Spectrum of the 850 MHz to be Held on 13 June 2016- PTA

Before the announced schedule there will be an information session for prospective bidders that will be held 24 May. Applications for participation along with deposits will be due till 01 June. The PTA expects to announce the qualified bidders on 06 June.

Recently, Pakistan Telecommunication Authority (PTA) has released  Information Memorandum (IM) for use of spectrum in the 850 MHz range and to grant the successful bidders rights to establish, maintain and operate Next Generation Mobile Networks (NGMN) and to provide Next Generation Mobile Services (NGMS) across Pakistan. Now Auction Spectrum of the 850 MHz to be Held on 13 June 2016- PTA.

Also Read: PTA Releases Information Memorandum for 850MHZ Spectrum

After detailed examination based on the market demand and analysis of the PTA and international technology and market bench marking the base price of the slot has been set at USD 395 Million.

For More Information Please Read: USD 395 Million Set as Base Price for 850MHz Spectrum by MoIT