STAFF REPORT IBD: Following the apex court directives to speed up the process of auctioning the 3G technology spectrum auction, the Ministry of Information Technology has issued policy directive regarding.
According to details, the PTA is entrusted to carry out the auction in the most transparent manner in the shortest possible time. In this regard, PTA will hire the services of a consultant.
According to the directive, the allocation of the spectrum will be technology neutral and auction will be open for new entrants as well. Also, auction winners will encourage and facilitate local manufacturing, transfer of technology and research and innovation in telecom sector of Pakistan.
PTA has informed that the auction will be complete by end of February next year.
The government is expecting to fetch over 100 billion rupees through the auction of the 3G spectrum in addition to trigger of economic activities in the country.