DUBAI: The auction to sell third-generation (3G) mobile telecoms licences in Pakistan has been indefinitely delayed, telecom operators told Reuters on Thursday.
The auction, if completed, would have raised a minimum of 630 million dollars for the country.
The auction of three 3G licences had been scheduled to be held on March 29, according to a January government memorandum, and would be open to the five existing mobile operators plus potential new entrants.
Potential bidders were due to submit expressions of interest from January 21, but they have yet not been invited to do so, Walid Irshaid, chief executive of Pakistan Telecommunication Co (PTCL), told Reuters.
“All the dates announced earlier have been put on hold, what the new date is we don’t know,” said Irshaid. “The first step was not even taken yet. No official notification has been ............ read more>>