$2 Billion Payment is expected by PTCL and Cellular License Renewal

License Renewal Process Government treasury is going to receive $2 billion from the PTCL Privatization issue and license renewal of cellular licenses. For that government has set a committee to check out and resolve the issues of PTCL privatization and cellular licenses renewal of three cellular companies which is going to expire this year. Government is about to get $800 million after solving the much-awaited issue on the account of PTCL privatization. Additionally, three cellular mobile companies are to renew their licenses after the expiry of 15 years license agreement…

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Chaos in Telecom sector due to delay in license renewal

Licenses are required to be renewed after a certain period of time. Tension is building up among mobile service companies as the expiry date of their licenses is around the corner. Network operators are facing serious problems because of the renewal policy. Government have delayed the renewal by over a year now. This delay can result in serious problems in future and will have a grave impact on phone users. The telecom company plays a major part in pakistan’s economy. Be it foreign investments in billions of Dollars or providing…

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