OUR STAFF REPORTER ISLAMABAD - Federal Minister for Finance and Economic Affairs Dr Abdul Hafeez Shaikh Friday constituted a subcommittee that will look every details regarding auction of 3G spectrums. The Cabinet Committee constituted by Prime Minister Yousuf Raza Gilani for examining the matters regarding share purchase agreement with Etisalat and auction of 3G spectrum met here today with the Federal Minister for Finance and Economic Affairs in the chair. The meeting discussed the different matters regarding Auction of 3G Spectrum, China Mobile LDI license, WLL Broadband Spectrum Auction and Transfer of PTCL properties with officials of Ministry of Information Technology, PTA and Etisalat. The meeting centred on discussing different pros and cons regarding auction of 3G spectrum and after due deliberation, it was decided to form a body which will take care the matter. The meeting also discussed the China Mobile LDI License issue in which the chairman of the committee Dr Abdul Hafeez Shaikh agreed that the Ministry can negotiate with Etisalat to grant of LDI license to China Mobile. The meeting also deliberated upon the transfer of PTCL properties to the provinces and concerned departments. Out of 3,248 properties, 3,101 numbers of properties are already transferred to provinces and related departments and 147 numbers of properties are outstanding. On the issue of transfer of remaining property of PTCL, the Finance Minister asked the Secretary Information Technology to come up with draft containing salient features to him to be sent to the Prime Minister for further action.