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Spectrum sale will take place on 13 June, PTA announces.
Pakistan’s telecom regulator will auction off spectrum in the 850 MHz band in mid-June, it announced earlier this week.
The Pakistan Telecommunication Authority (PTA) will sell off 10 MHz of frequencies in the 850 MHz band on 13 June, it revealed on Tuesday.
The spectrum in question was left unsold at a 2014 auction. It carries a reserve price of US$395 million (€349 million).
The PTA’s timeline for the process gives would-be participants until 1 June to submit applications and pay a deposit equivalent to 15% of the reserve price; successful applicants will be notified on 6 June.
The regulator did not say when it will publish the results of the auction.
Pakistan still hopes to attract a new market entrant via the auction – the 850-MHz spectrum in question was initially reserved for that purpose – but the sale will also be open to the country’s existing mobile operators.
