PTC's subsidiary bags 180 MHz spectrum

News Image

MG News | March 13, 2026 at 09:11 AM GMT+05:00

March 13, 2026 (MLN): Pakistan Telecommunication Company Limited (PSX: PTCL)'s wholly owned subsidiary, Pak Telecom Mobile Limited (PTML), has successfully secured 180 MHz spectrum in Pakistan’s latest Next Generation Mobile Services (NGMS)/5G auction.

This will strengthen its position to launch next-generation mobile services across the country.

According to a disclosure submitted to the Pakistan Stock Exchange (PSX), PTML acquired 60 MHz in the 2600 MHz band and 120 MHz in the 3500 MHz band, bringing its total spectrum allocation in the auction to 180 MHz.

The spectrum allocation results announced by the Pakistan Telecommunication Authority (PTA) are as follows:

Bidder700 MHz2300 MHz2600 MHz3500 MHzTotal
PTML––60 MHz120 MHz180 MHz


The assignment stage, held on March 12, determined the specific frequency positions within each band. Following competitive bidding, PTML secured its preferred positions at a total price of $156.75 million.

The company will sign the NGMS/5G license with the PTA after completion of regulatory formalities and subsequently begin the rollout of 5G services across the country.

PTCL noted that the newly acquired spectrum will support improved nationwide cellular mobile broadband services for subscribers of PTML’s brands, including Ufone, Telenor, and Onic, as the operator prepares to strengthen its next-generation digital infrastructure.

Any further developments regarding the spectrum acquisition and licensing process will be communicated to the exchange in accordance with applicable regulations.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 168,018.87
212.27M
0.87%
1454.80
ALLSHR 101,001.36
515.85M
0.66%
661.96
KSE30 49,411.77
62.47M
0.83%
408.34
KMI30 240,580.99
77.70M
0.99%
2354.58
KMIALLSHR 65,309.16
294.37M
0.72%
464.00
BKTi 45,925.86
14.05M
0.45%
203.62
OGTi 33,858.81
2.02M
0.58%
194.60
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,060.00 77,430.00
76,450.00
220.00
0.29%
BRENT CRUDE 105.86 107.24
104.27
1.09
1.04%
RICHARDS BAY COAL MONTHLY 129.00 129.00
129.00
0.75
0.58%
ROTTERDAM COAL MONTHLY 142.50 0.00
0.00
0.35
0.25%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 97.43 98.69
96.12
0.97
1.01%
SUGAR #11 WORLD 18.46 19.06
18.39
-0.60
-3.15%

Chart of the Day


Latest News
November 04, 2026 at 06:30 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


November 03, 2026 at 10:16 PM GMT+05:00

Petrol price cut by Rs5.45, diesel rises Rs3.68 per litre


November 03, 2026 at 08:33 PM GMT+05:00

SBP stresses climate finance must go beyond green investments


November 03, 2026 at 04:18 PM GMT+05:00

SECP cracks down on Ponzi, Pyramid investment schemes



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg