Ufone & Telenor pay PTA 166 million on first installment of AJ&K & GB licenses

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Ufone & Telenor pay PTA 166 million on first installment of AJ&K & GB licenses
Ufone & Telenor pay PTA 166 million on first installment of AJ&K & GB licenses

Pakistan Telecommunication Authority (PTA) has received Rs. 166 Million (equivalent to USD 0.744 Million) against first annual instalment of AJ&K and GB NGMS Licenses from Telenor Pakistan Limited (Rs. 154 Million) and Pak Telecom Mobile Limited (Ufone) (Rs. 12 Million) in line with payment terms of respective licenses.

Also Read: New PTA Taxes (Nov 2022) for iPhone 11, 12, 13, and 14 Series

The first installment of licenses for AJ&K & GB is paid by Ufone & Telenor

Pakistan Telecommunication Authority has also received Rs. 1.88 Billion (equivalent to USD 8.76 Million) from CMPak Limited (Zong) in the month of August 2022 on account of upfront 50% of renewal fee of its license renewed in the year 2022.

Must Read: PTA Receives PKR 11.43 Billion against Third Instalment of License Renewal Fee from Zong

PTA has so far received Rs 9.57 Billion (equivalent to USD 54.66 Million) against cellular mobile license renewals and spectrum auction in AJ&K and GB since 2021.

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