PTA renews Jazz License

After dismissal of a petition from Islamabad High Court, Pakistan Telecommunication Authority (PTA) has renewed Jazz License due for renewal since 2019.  Renewed License has enhanced terms and conditions for coverage and Quality of Service, as established during the recent Pakistan Spectrum Auction. The license signing was held at  PTA HQs today.

The license is renewed at a price of USD 449.2 Million out of which Jazz has already paid USD 333.64 Million on account of license renewal fee and applicable markup.

spot_img

Related articles

Senator Criticizes Treatment of Power Consumers, Calls Them “Like Goats”

Introduction A heated session of a Senate committee in Pakistan...

Pakistan Set to Launch $250 Million Panda Bond in May

Introduction Pakistan is preparing to enter a new phase in...

How Pakistan Managed to Cut Loadshedding Despite 5,000MW LNG Shortfall

Introduction Pakistan’s power sector has long struggled with electricity shortages,...

Pakistan’s Defense Spending Increases 11% to $11.9 Billion in 2025

Introduction Pakistan’s defense spending has seen a notable increase in...

Petrol Prices Expected to Increase Again in Pakistan

Introduction Petrol prices in Pakistan are once again expected to...
spot_img