Minister for Information Technology Telecom Anusha Rahman formally handed over 850 Mhz license to CEO Telenor Pakistan Michal Foley in a ceremony held at Ministry of Information Technology and Telecommunications.
The new CEO designate Irfan Wahab was also present at the event.
The newly awarded license will also enable Telenor Pakistan to launch 4G Services in Pakistan and would become third 4G operator in the Country said Anusha Rahman , while congratulating Telenor Pakistan .
She said that Telenor has played a significant role in the sector during the last few years.
Telenor successfully participated in all 3 spectrum auctions held in last 12 years and have invested billions of rupees in Pakistan since they first got the license in 2004.
Telenor Pakistan also played a significant role with other operators in Biometrics Sim verification process as well as extended their support in handling the menace of Gray Traffic.
Anusha Rahman further said that when she became Minister, the broadband penetration was less then 3 percent but within a shortest span, Mobile Broadband is grown to more than 19 percent. She said the target has been set to cross 38 percent by 2020.
The new license to Telenor will further enable taking high speed connectivity and the associated socio economic benefits and opportunities to the Pakistani citizens.
While expressing his gratitude to the government, Michael Foley, CEO, Telenor Pakistan , said, "Telenor is committed to supporting Pakistan's efforts to become a digitally developed nation.
He extended his heartfelt felicitation to the Minister for her nomination as "Broadband Commissioner" in global Broadband Commission.
He hailed the Minister for her key initiatives towards expanding the overall digital ecosystem in the country.
Secretary IT Rizwan Bashir also congratulated Telenor Pakistan and appreciated the role of his team at MoIT, PTA, FAB for carrying out another successful and transparent spectrum auction.