PTA Receives Over Rs 70 Billion Against License Renewal Fee
Umer Jamshaid Published September 04, 2019 | 05:21 PM
In compliance with the directions of the Islamabad High Court, two Cellular Mobile Operators i.e. Telenor Pakistan and PMCL (Jazz) have deposited partial payment (50% of the PTA determined license fee) amounting to US$ 224.6 Million and PKR 35.397 Billion (equivalent of US$ 224.6 Million) respectively against their license renewal fee with Pakistan Telecommunications Authority (PTA)
Islamabad (UrduPoint / Pakistan Point News - 04th September, 2019) In compliance with the directions of the Islamabad High Court, two Cellular Mobile Operators i.e. Telenor Pakistan and PMCL (Jazz) have deposited partial payment (50% of the PTA determined license fee) amounting to US$ 224.6 Million and PKR 35.397 Billion (equivalent of US$ 224.
6 Million) respectively against their license renewal fee with Pakistan Telecommunications Authority (PTA).
All license renewal proceeds would be deposited in national exchequer. This development will not only contribute towards uninterrupted provision of better telecom services to the people of Pakistan but will also help in promotion of competition and investment in the telecom sector of Pakistan.
Related Topics
Recent Stories
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
IBCC to promote educational excellence, expand regional presence
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leav ..
Putin says plans to visit China in May
More Stories From Technology
-
Punjab CM inaugurates Pakistan’s first Virtual Women Police Station
2 days ago -
Pro Tips: How to Capture Stunning Portraits with the Aura Light Portrait of vivo V30 5G
4 days ago -
Itel celebrates launch of S24—a new brand identity
4 days ago -
Realme C53 Price Slash: High-Tech Meets High Style at New Low Price!
6 days ago -
Take Charge, Live Free: Empower Your Life with Infinix NOTE 40 Series
7 days ago -
PTA Undertakes Consultation with All Pakistan Network Association (APNA) on Proposed Class Value Add ..
7 days ago
-
Vivo V30 5G: The Perfect Blend of Enhanced Photography and Premium Design
9 days ago -
PITB's Regional Plan 9 invites applications for its newly launched incubation centers in Rawalpindi, ..
10 days ago -
Pakistan calls for enhanced information integrity on digital platforms
10 days ago -
Infinix NOTE 40 Series vs. the Competition: Why It Stands Out
11 days ago -
"Unlock Exceptional Value: The New realme Note 50 with Extended Warranty Now Available in Pakistan!� ..
11 days ago -
Google unveils new AI chips, arm-based processor for data centers
16 days ago