Miftah Ismail presides over first meeting of spectrum auction advisory committee

News Image

MG News | August 03, 2022 at 11:54 PM GMT+05:00

Aug 03, 2022: Federal Minister for Finance and Revenue Miftah Ismail Wednesday presided over the first meeting of spectrum auction advisory committee for improvement of mobile broadband services in Pakistan at Finance Division.

Minister for Information Technology and Telecom Amin-ul-Haq, Minister of Economic Affairs Divison Sardar Ayaz Sadia, Minister for Commerce Syed Naveed Qamar, Minister for Power Khurram Dastgir Khan, Coordinator to the PM on Commerce and Industry Rana Ihsan Afzal, Chairman PTA and other senior officers attended the meeting, said a press release issued here.

The committee was briefed about demand and supply and recommendations of Pakistan Telecommunication Authority (PTA) for release of available spectrum for Next Generation Mobile Services (NGMS) in Pakistan.

It was also shared that 4G penetration is spectacularly increasing in the country which is really good for the development of the IT-related infrastructure in the county.

The Finance Minister shared that present government is aiming at improving the mobile broadband services in Pakistan as this sector contributes heavily in the development of the country.

The Committee unanimously decided to go for auction of 2100 MHz band in 5, 5 MHz bandwidth for 10 years using the current consultant’s report at net present value.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 173,962.82
313.69M
1.30%
2237.52
ALLSHR 104,178.62
550.40M
0.93%
964.13
KSE30 52,166.33
164.58M
1.26%
649.19
KMI30 250,496.48
141.11M
1.59%
3930.77
KMIALLSHR 67,844.06
318.73M
1.20%
801.29
BKTi 47,430.11
44.68M
0.28%
130.40
OGTi 36,386.96
9.01M
0.13%
45.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 74,165.00 74,165.00
73,715.00
450.00
0.61%
BRENT CRUDE 91.89 92.95
89.93
-0.81
-0.87%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00
-0.75
-0.64%
ROTTERDAM COAL MONTHLY 130.25 131.75
130.00
-0.20
-0.15%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 87.76 89.02
86.35
-1.14
-1.28%
SUGAR #11 WORLD 14.07 14.35
13.90
0.14
1.01%

Chart of the Day


Latest News
May 30, 2026 at 04:31 PM GMT+05:00

Weekly Market Roundup


May 29, 2026 at 09:44 PM GMT+05:00

SBP reserves rise $66m to $17.15bn


May 29, 2026 at 08:19 PM GMT+05:00

Petrol, HSD prices drop Rs22 per litre


May 29, 2026 at 07:19 PM GMT+05:00

Sindh, World Bank review Karachi water network



Top 5 things to watch in this week

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