Times of Islamabad

PTA received Rs 70 billion payment from telecom operators

PTA received Rs 70 billion payment from telecom operators

ISLAMABAD – Pakistan Telecommunication Authority has received over seventybillion rupees from two cellular mobile operators against licence renewalfee.

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

This development will not only contribute towards uninterrupted provisionof better telecom services to the people of Pakistan but will also help inpromotion of competition and investment in the telecom sector of Pakistan.

All license renewal proceeds would be deposited in national exchequer.