AGL 38.00 Decreased By ▼ -0.25 (-0.65%)
AIRLINK 136.45 Decreased By ▼ -2.52 (-1.81%)
BOP 5.44 Decreased By ▼ -0.01 (-0.18%)
CNERGY 3.80 Increased By ▲ 0.01 (0.26%)
DCL 7.50 Decreased By ▼ -0.07 (-0.92%)
DFML 45.41 Decreased By ▼ -0.74 (-1.6%)
DGKC 78.52 Increased By ▲ 0.41 (0.52%)
FCCL 28.89 Decreased By ▼ -0.21 (-0.72%)
FFBL 57.00 Decreased By ▼ -0.10 (-0.18%)
FFL 9.27 Increased By ▲ 0.57 (6.55%)
HUBC 96.80 Decreased By ▼ -5.02 (-4.93%)
HUMNL 13.40 Decreased By ▼ -0.85 (-5.96%)
KEL 3.77 Decreased By ▼ -0.05 (-1.31%)
KOSM 7.28 Decreased By ▼ -0.12 (-1.62%)
MLCF 37.80 Decreased By ▼ -0.55 (-1.43%)
NBP 67.50 Decreased By ▼ -2.00 (-2.88%)
OGDC 167.52 Decreased By ▼ -2.50 (-1.47%)
PAEL 25.10 Decreased By ▼ -0.55 (-2.14%)
PIBTL 6.70 Increased By ▲ 0.10 (1.52%)
PPL 131.50 Decreased By ▼ -2.08 (-1.56%)
PRL 26.40 Increased By ▲ 1.40 (5.6%)
PTC 15.10 Decreased By ▼ -0.44 (-2.83%)
SEARL 62.25 Decreased By ▼ -1.58 (-2.48%)
TELE 7.00 Increased By ▲ 0.05 (0.72%)
TOMCL 36.23 Decreased By ▼ -0.75 (-2.03%)
TPLP 7.88 Increased By ▲ 0.18 (2.34%)
TREET 14.00 Increased By ▲ 0.04 (0.29%)
TRG 44.55 Decreased By ▼ -0.42 (-0.93%)
UNITY 25.85 Increased By ▲ 0.45 (1.77%)
WTL 1.22 No Change ▼ 0.00 (0%)
BR100 9,143 No Change 0 (0%)
BR30 27,326 No Change 0 (0%)
KSE100 85,585 No Change 0 (0%)
KSE30 26,984 No Change 0 (0%)
Pakistan

Finance Minister urges timely release of NGMS spectrum

  • The minister emphasized that the whole process of spectrum auction must be transparent for strengthening and expanding communications and IT Services across the country.
Published January 14, 2021

ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, Thursday urged upon the consultants to follow a proactive approach and meet the given deadlines for the release of Next Generation Mobile Services (NGMS) spectrum.

The minister was chairing a meeting of the Advisory Committee for the release of NGMS spectrum in Pakistan, according to press statement issued by the Finance Ministry.

The minister emphasized that the whole process of spectrum auction must be transparent for strengthening and expanding communications and IT Services across the country.

The Finance Minister stated that the auction of spectrum would contribute towards overall economic growth through digitalization and improve the quality of broadband services in Pakistan.

Earlier, the Chairman PTA briefed the Advisory Committee about the latest developments in the sale of available spectrum of next generation mobile services in the country.

The Committee was also briefed that the hiring process for the consultants was completed in December 2020 as per procedure and newly hired consultants were on board for the sale of available spectrum within the current financial year.

The next follow-up meeting of the Advisory Committee is expected to take place in March, 2021, the statement added.

Among others, the meeting was attended by the Federal Minister for Science and Technology, Fawad Chaudhry; Federal Minister for Information Technology and Telecommunication, Syed Amin ul Haque; Adviser to the PM on Commerce, Abdul Razak Dawood; Chairman PTA, Major General (R) Aamir Azeem Bajwa; Secretary Ministry of Information Technology and Telecommunication, Executive Director Frequency Allocation Board and other senior officials participated in the meeting.

Comments

Comments are closed.