Warid and PTCL have Caused Rs 100 Billion Loss to National Exchequer:Audit Report

Onsa MustafaLast Updated: Aug 1, 2022

Warid and PTCL have Caused Rs 100 Billion Loss to National Exchequer:Audit Report. According to Auditor General of Pakistan (AGP), both companies have caused this loss due to offering 3G, 4G and LTE services without any license. The report said that Pakistan Telecommunication Authority was asked about the matter. Moreover, PTA was given a chance to respond on why both operators are allowed to offer 3G and 4G LTE services without any licenses.

Warid and PTCL have Caused Rs 100 Billion Loss to National Exchequer:Audit Report

However, PTA does not provide any unconvincing response. So, now both the cases will be investigated properly. For this reason, disciplinary actions should be taken against those who granted permission to Warid and PTCL for provision of 4G / LTE services without spectrum and licenses.

According to the report, Warid does not has a Next Generation Mobile Services (NGMS) license. Further, Warid also did not participate in the auction of 3G/4G services. As PTA has allowed Warid to offer 4G service without a license — resulted into loss of Rs 51,692 million.

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However, in the case of PTCL, it did not participate in the auction of 3G/4G licenses. But it offers 4G LTE through Charji Evo and Charji Evo Cloud devices to its customers. It resulted in a loss of Rs 42,600 million to the national exchequer.

Also Read: Zong Shows Interest to Purchase PTCL & Ufone: Etisalat Confirmed

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Onsa MustafaLast Updated: Aug 1, 2022