PTA Receives PKR 166 Million against First Instalment of AJ&K and GB Licenses from Telenor and Ufone
Islamabad (Nov 1 st , 2022): Pakistan Telecommunication Authority (PTA) has received Rs. 166 Million (equivalent to USD 0.744 Million) against first annual instalment of AJ&K and GB NGMS Licenses from Telenor Pakistan Limited (Rs. 154 Million) and Pak Telecom Mobile Limited (Ufone) (Rs. 12 Million) in line with payment terms of respective licenses.
PTA has also received Rs. 1.88 Billion (equivalent to USD 8.76 Million) from CMPak Limited (Zong) in the month of August 2022 on account of upfront 50% of renewal fee of its license renewed in the year 2022. PTA has so far received Rs 9.57 Billion (equivalent to USD 54.66 Million) against cellular mobile license renewals and spectrum auction in AJ&K and GB since 2021.