The Pakistan Telecommunication Authority (PTA) has expedited its efforts for attracting global telecom giant in the bidding process of 3G/4G licence scheduled to be held on March 28-29, sources in the authority told Daily Times on Monday.
The authority has planned to organize mega events for investors and telecom operators in Singapore and Dubai in the upcoming weeks, as arrangements have been done in this regard with proper allocation of money and support of the government.
It will hold in Barcelona on the occasion of Mobile World Congress—the biggest event of telecom sector in the world, official sources in the authority said and added Pakistan’s representatives will give detailed presentation about the potential of telecom sector and its investment opportunity in different programmes of World Mobile, while a separate pavilion for investors facilitation and knowledge will be set up.
The telecom regulator is carrying out its utmost efforts to approach leading telecom operators for ensuring their participation in the upcoming bids of licence auction for 3G/4G/LTE.
In pursuance of Government policy directive regarding auction of 3G spectrum, PTA has planned various activities for the information of potential investors. This includes formulation of Information Memorandum (IM), printing of brochures, documentary film, road shows and Investors Awareness Conferences etc.."We are working hard to ensure to attract 10-12 number of big telecom operators in the licence 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."
PTA has sent Information Memorandum (IM) to foreign telecom operators to share policies of the country, economy and business situation of the telecom sector. This IM can also be find on: http://www.pta.gov.pk/media/im_spec_lic_200112_1.pdf
“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,” an official of the telecom authority involved in the process said.
“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,” an official of the telecom authority involved in the process said.
Interested individuals / parties may contact, Director General (Finance), PTA on following:-
Phone Number +92-51-9212638, Mob. +92-315-8332221
Phone Number +92-51-9212638, Mob. +92-315-8332221
Fax number +92-51-9212639
Email: tariqsultan@pta.gov.pk
The authority has issued Expression of Interest (EoI) in the local dailies and international publications such as The Economist, Financial Times and World Street Journal.
PTA has sent a letter of Board of Investment (BoI) and different ministries to help it communicate the proposal with its counterpart ministries of different countries.
The auction of the 3G/4G licence has become crucial for the country not only for its telecom sector but its flagging economy, which needs an injection of million-dollar-earning through this process.
There will be four licences auctioned for new technology and it is expected that handsome foreign direct investment will land in the country with the successful process.
