Home Telecom Jazz Awarded 4G Spectrum For USD 295 Million

Jazz Awarded 4G Spectrum For USD 295 Million

Jazz Awarded 4G SpectJazz Awarded 4G Spectrum for USD 295 Millionrum for USD 295 Million

Islamabad – 30 June, 2017: Jazz, Pakistan’s number one digital company, has been awarded the 4G spectrum by Pakistan Telecommunication Authority (PTA). The company has paid 100% as the base price for the spectrum fee, which amounts to USD 295 million and an additional 10% in taxes to start its work on expanding the existing 4G coverage in Pakistan.

“This development is truly very exciting for us at Jazz because it allows us to provide Pakistan with a far reaching and enhanced mobile broadband experience,” Aamir Ibrahim, CEO – Jazz said. “Acquisition of the additional spectrum demonstrates Jazz’s investment in the country’s digital future – in line with our vision of becoming a true digital entity.”

This reflects Jazz’s commitment and support for the Government and its digital Pakistan’s agenda. Jazz was the only operator to have participated in the 4G spectrum auction and hence qualified as the winner without any bidding.

By expanding its 4G network, Jazz looks to bring in new digital experiences designed to not only provide exceptional communications services, but also convenient financial, business and entertainment solutions.

Must Read

USF Board approved PKR 18 Billion Budget and PKR 2.14 billion Broadband Projects for 2.2 million peoples of Punjab and KPK

Islamabad, June 14, 2021: The Universal Service Fund (USF) Board approved four projects worth approximately PKR 2.14 billion to provide high speed internet to approximately 2.2 million people...

Ufone’s ‘Nayi SIM offer’ brings exciting all in one bundles for new customers

Islamabad – 14 June 2021: Carrying forward its customer centric business model, Pakistani telecom operator, Ufone has offered all in one bundles with exciting...

FINCA Microfinance Bank Limited Pakistan appoints Mr. Jahanzeb Khan as Chief Executive Officer

The Board of Directors of FINCA Microfinance Bank Limited (the ‘Bank’) has appointed Mr. Jahanzeb Khan as the new Chief Executive Officer (CEO) of...

TECNO finally launches the most anticipated Camon 17 series in a Tech Talk show

TECNO launched its new Clearest Selfie Camera phones, Camon 17 series in Pakistan. The phones were revealed on the Tech Talk Show with some renowned personalities live on TECNO’s...

Jazz to assist NCOC in its nationwide vaccination campaign

Following meetings with the National Command and Operation Centre (NCOC), Jazz is mobilizing its resources to carry out a nationwide awareness campaign, urging Pakistanis...