Deposits from China Mobile against license renewal fees to contribute to economy: PTA

MG News | December 06, 2019 at 12:04 PM GMT+05:00

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December 6, 2019 (MLN): China Mobile (CMPak) has deposited Rs 37.16 billion (equivalent to US$ 238.6 Million) against its license renewal fee with PTA.

Through an official social account, PTA Pakistan said in a tweet the license renewal proceeds have been deposited in Federal Consolidated Fund (FCF).

In line with the above tweet, it was further said the recent deposits from Cellular Mobile Operators against license renewal fees to the tune of more than Rs 107 billion would provide support to the national exchequer as well as to the economy, showing the positive contribution by telecom sector & efforts of PTA.

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