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.