PTA received Rs 70 billion payment from telecom operators

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PTA received Rs 70 billion payment from telecom operators

ISLAMABAD - Pakistan Telecommunication Authority has received over seventy billion rupees from two cellular mobile operators against licence renewal fee.

The two companies have deposited partial payment in compliance with the directions of the Islamabad High Court.

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.

All license renewal proceeds would be deposited in national exchequer.