ISLAMABAD: Pakistan has completed eight phase of next-generation cell phone spectrum license auction with no increase in offers after the fourth bid.
Four mobile phone companies offered 903, 920,000 dollars in the bidding process.
Zong offered 306,920,000 dollars, the highest bid, to get 10 MHz 3G and 4G licenses. Similarly, Mobilink got 10 MHz, Telenor and Ufone got 5MHz 3G licences in the auction.
With the arrival of the next generation mobile services, 133.7 million users will be able to have an access to high speed data connections on their mobile devices.
In the first phase, the winning bidders will be bound to start their 3G/4G services in selected cities within a few days and subsequently within the next couple of months.
The qualified bidding parties had already started giving 3G services to their employees in the jurisdiction of their offices in Islamabad on testing basis and found unprecedented speed on cell phone in data communication.