GOP to Approve New Telecom Renewal Policy Today

The Federal Cabinet is likely to approve policy for renewal of cellular mobile licensees for 15 years on Tuesday. Prime Minister Imran Khan will preside over the Cabinet meeting to consider a 19-point agenda. The body will also consider an agenda, “Policy Directive under Section 8 of the Pakistan Telecommunications (Re-Organization) Act 1996for renewal of cellular mobile licenses in 2019”, submitted by the Ministry of Information Technology and Telecommunication.

GOP to Approve New Policy for Renewal of Cellular Mobile Network License Today

Talking to media on Monday Federal Minister for Information Technology and Telecommunication Dr Khalid Maqbool Siddiqui said that government will unveil license renewal policy for mobile operators to provide level playing field, besides attracting investment in the country.

Mr Siddiqui while talking to media persons, said that:

“A meeting was held with Prime Minister Imran Khan on Monday where policy for mobile license renewal was discussed, which would be unveiled in coming days to ensure level playing field and attract investment in the country”

Government to Unveil License renewal policy for mobile operators to Attract Investment in Pakistan

License renewal of two mobile operators is due in early May 2019 and one in October. Sources said that government is likely to maintain the price of $291 million for 10 MHz block in 1800 MHz band and $395 million for 10MHz block in 850MHz band. Further, the payment terms would remain the same as of the previous auction.

However, the quality/standards would be revised as per the best international practices.