PTA receives PKR 15.82 billion against second instalment of license renewal fee

Pakistan Telecommunication Authority (PTA) has received PKR 15.82 billion (equivalent of USD 103.17 million) against second instalment of License Renewal Fee from two Cellular Mobile Operators (CMOs); Telenor Pakistan and Pakistan Mobile Communication Ltd. (Jazz), said a press release.

“The amount is being deposited in Federal Consolidated Fund (FCF) as per practice under Pakistan Telecom Re-organization Act 1996.

“PTA has so far deposited PKR 135.81 billion (equivalent of USD 862.22 million) with the Government, received against 50% of total License Renewal Fee and first instalment of the same from three CMOs. With the amount of second installment received from two CMOs now, the total receipts on this count have become PKR 151.63 billion (USD 965.39 million).

“The second license renewal fee instalment of CMPAK (ZONG) for USD 54.086 shall be due in October 2021.”

Trends Stock

Trends Stock provides information about the latest and upcoming trends in the fields of technology, business, education and sports mainly in Pakistan. To keep pace with this fast growing age of development, one can easily build an opinion about the newest trends by scrolling through relevant sections of the website. The first hand reliable data eases the individual to analyze the cutting edge drifts in the related arenas while making any decision.

Previous Post
Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *