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Wednesday 23 April 2014

Pakistan on Wednesday raised more than $1.1 billion in its long-delayed auction of next-generation telecommunications licences, snapped up by the country´s four existing mobile network providers.

The four winners of the 3G auction were Russian-owned Mobilink, Chinese-controlled Zong, Norway's Telenor (TEL.OL), and Ufone - a company jointly owned by the Pakistan government and the United Arab Emirates' Etisalat ETEL.AD.
As for the 4G spectrum, the sole winner was Zong, according to the PakistanTelecommunication Authority (PTA).
Warid Telecom Pakistan, another company operating in Pakistan, did not make any bids.

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