PTA Receives Rs. 24.24 Billion from Jazz Against License Renewal Fee

Pakistan Telecommunication Authority (PTA) has received deposit amounting to Rs. 24.24 Billion (equivalent of USD 105.80 Million) from Pakistan Mobile Communications Limited (Jazz) on account of license renewal fees.

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The amount is being deposited in Federal Consolidated Fund (FCF). With this deposit in FCF, the cumulative deposit by PTA in FCF during the current financial year i.e. 2022-23 will become Rs. 56.57 Billion (equivalent to USD 253.78 Million).