Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Pakistan invites Saudi telecom companies to 3G auction  Join our daily free Newsletter

MENAFN - Arab News - 15/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN -Arab News) Pakistan’s Telecommunication Authority (PTA) has extended an invitation to Saudi telecom companies and entrepreneurs to participate in the auction of 3G telecommunication licenses, which is expected to be held in March 2014. Pakistan expects to earn an estimated 2 billion with the auction of these licenses

Syed Ismail Shah, chairman of PTA, recently extended the invitation in his meeting with Abdulaziz A. Alsugair, chairman of the board of Saudi Telecom Company (STC). Commercial Attach of the Pakistani Embassy, Waseem Hayat Bajwa was also present

Norwegian telecom conglomerate Telenor, China Mobile and Pakistan-based Mobilink have already shown interest in bidding for the 3G licenses

Highlighting the opportunities, the PTA chief mentioned that Pakistan has an untapped data market, with less than two percent penetration that can be captured by new companies who obtain the 3G spectrum

He said: “The government is considering not only to auction spectrum in the 1900/2100 MHz range but also in the 1800 MHz band for deployment of long term evolution (LTE) in the country, thus making it a very attractive option for investors.

The STC chairman showed his enthusiasm in the upcoming auction, acknowledging that statistics pertaining to opportunities in Pakistan were highly attractive. He also appreciated the efforts being undertaken by Pakistan and agreed to continue the dialogue with PTA

According to reports, Pakistan’s mobile sector has been increased with more than 129 million mobile subscribers as compared to 13 million in 2005

The total tele-density is climbing up to around 75 percent with the widespread use of smart phones, while the launch of 3G and LTE services is expected to result in exponential growth in broadband subscribers in Pakistan.


 


Arab News




  MENA News Headlines
 Jun 29 2015 - Kuwait's Emir Receives Phone Call from German ChancellorQatar News Agency
(MENAFN - QNA) Kuwait's Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah received on Sunday a phone call from Chancellor of Germany Angela Merkel who denounced the criminal bomb attack on Imam Al-Sadiq ...

 Jun 29 2015 - Palestinian Prisoner Khader Adnan Ends 55-Day Hunger StrikeQatar News Agency
(MENAFN - QNA) Hunger-striking Palestinian prisoner, Khader Adnan, will be released in two weeks from Israeli prison, his legal counsel has confirmed with Al Jazeera. Adnan has agreed to end his ...

 Jun 29 2015 - Israel Intercepts Gaza-Bound VesselQatar News Agency
(MENAFN - QNA) The Israeli Navy has intercepted a Gaza-bound vessel sailed by pro-Palestinian activists and diverted it to an Israeli port, the Israeli military said on Monday. The military said ...

 Jun 29 2015 - UK- Burundi Starts Voting in Parliamentary ElectionQatar News Agency
(MENAFN - QNA) Voting in a parliamentary election began in Burundi on Monday, the first in a series of polls whose credibility has been undermined by weeks of violent protest sparked by President ...

 Jun 29 2015 - Qatar- HE Deputy Prime Minister Meets Senegal's AmbassadorQatar News Agency
(MENAFN - QNA) HE Deputy Prime Minister and Minister of State for Cabinet Affairs Ahmed bin Abdullah Al Mahmoud met on Monday with HE Ambassador of the Republic of Senegal to Qatar Sheikh Tijani ...

 Jun 29 2015 - Israeli Forces Arrest Five Palestinians in West Bank, JerusalemQatar News Agency
(MENAFN - QNA) Israeli soldiers arrested Monday five Palestinians, including a child and a former political prisoner, in different parts if the occupied West Bank and Jerusalem. The Israeli army ...

 Jun 29 2015 - If your old bag is clean, donate it, students urgedKhaleej Times
(MENAFN - Khaleej Times) It's a season of giving and students are offered a chance to do some charity during the holy month of Ramadan.They can now donate their used bags but in good condition to ...

 Jun 29 2015 - Mohammed bin Zayed fund spent over $1.5m on endangered speciesKhaleej Times
(MENAFN - Khaleej Times) The Mohammed bin Zayed Species Conservation Fund (MZSCF) has spent more than $1.5million last year, saving threatened, endangered or nearly extinct species around the ...

 Jun 29 2015 - UAE- Nation needs energy of its citizens to continue progress, says MohammedKhaleej Times
(MENAFN - Khaleej Times) His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has received greetings on the occasion of the holy month ...

 Jun 29 2015 - UAE- MEA set to lead GDP growthKhaleej Times
(MENAFN - Khaleej Times) The Middle East and Africa region is expected to maintain the highest real GDP growth rate in the world for more than two decades, leaving behind the Asia-Pacific, the ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help