PTA Hires Consultant To Auction Extra Telecom Spectrum

ISLAMABAD: Pakistan Telecommunication Authority (PTA) on Wednesday said it selected an international consultant to auction the remaining spectrum of 3G and 4G services in the country that is estimated to raise Rs27 billion.

PTA completed the evaluation process for the selection of the international consultant for spectrum auction of 1800 MHz and 2100 MHz bands as per directions of the ministry of information technology and telecommunication.

After a detailed evaluation of financial bids, in the presence of five technically qualified bidders – three were physically present while two joined the meeting via video link – Frontier Economics Limited has been declared successful.

PTA evaluated the proposals and finalised the consultant in accordance with PPRA rules. After the completion of further formalities, the successful consultant is expected to formally sign a contract.