Telenor will get 850MHz on base price !

ISLAMABAD ( BMZ REPORT )

Pakistan Telecom Authority is going announce Telenor Pakistan as winner of its 850MHz spectrum auction in Pakistan. Pakistan Telecom Authority had announced the auction of 10MHz block in 850MHz band at base price of $395 Million. Telenor Pakistan only submitted bid.

Pakistan Telecom Authority through a clause in IM had this option of withholding the auction and postponing it for better price. But Authority is going award Telenor Pakistan 850MHz spectrum at the base price.

The source from Pakistan Telecom Authority told Telecoalert.com that Minister of State Mrs Anusha Rehman with chairman PTA Dr Ismail Shah is going to make an announcement through press conference in Authority headquarter on 9th june 2016.