NAWAIWAQT GROUP
 
 
 
Issuance of 3G, 4G licenses might delay
 
 
 
Issuance of 3G, 4G licenses might delay

ISLAMABAD- Issuance of licenses to cellular operators of much-trumpeted 3G, 4G technology may hit a delay as successful bidders at the auction held last month have yet to deposit advance tax.

According to sources, Mobilink, Telenor, Zong and Ufone have yet to pay 10 percent advance tax , a requirement for the issuance of license.

Pakistan Telecommunication Authority sources said that notices had been issued to all four companies for the payment of advance tax.

They further said that only Telenor had paid 50 percent of the bid amount. Mobilink has to pay $29.5 million, Zong $58.6 million while Telenor and Ufone each have to pay $14.75 million as advance tax, sources added.


Under the PTA rules, companies can soft-launch 3G, 4G technology but they can’t commercially charge their consumers unless a license is issued.

 
 
 
 
more in Business

ISLAMABAD - TCA Raghavan, High Commissioner of India on Monday said that increase bilateral ...

KARACHI - Profit taking in mid cap stocks dragged index down as investors focussed on upcomi...

 
Comments
comments powered by Disqus
 
 
NAWAIWAQT GROUP