By Telecom
Lead Team: The Pakistan Telecommunication Authority (PTA) has increased its
efforts to attract global telecom giant in the bidding process of 3G/4G license
scheduled to be held on March 28-29.
The authority plans to organize mega events for investors and telecom operators
in Singapore and Dubai in the upcoming weeks.
PTA will hold
in Barcelona on the occasion of Mobile World Congress where Pakistan’s
representatives will give detailed presentation about the potential of telecom
sector and its investment opportunity in different programmes of World Mobile.
PTA has sent
Information Memorandum (IM) to foreign telecom operators to share policies of
the country, economy and business situation of the telecom sector, according to
a report by Daily Times.
We have been in contact with interested telecom operators for giving them
details on their inquiry regarding the process and regulatory regime of the
country. We are working hard to ensure to attract 10-12 number of big telecom
operators in the license auction in addition to existing players of the local
telecom sector who in the majority have shown their keen interest to be part of
the process,” said an official of the telecom authority involved in the
process.
The telecom
regulator is striving to approach leading telecom operators for ensuring their participation
in the upcoming bids of license auction for 3G/4G/LTE.
The auction of
the 3G/4G license has become important for the country not only for its telecom
sector but its deteriorating economy.
There will be
four licenses auctioned for new technology and it is expected that handsome
foreign direct investment will land in the country with the successful process.
