Finance Minister Muhammad Aurangzeb chaired an Advisory Committee meeting on Thursday at the Finance Division to discuss the “Release of International Mobile Telephony (IMT) Spectrum for Improvement of Next Generation Mobile Broadband Services in Pakistan.”
Deadline for bid submissions to hire a consultant for this process is set for July 15, 2024. Key stakeholders from the telecommunications sector and regulatory authorities briefed the finance minister on strategic plans for the allocation and utilization of the IMT spectrum. They highlighted that the release of this spectrum is anticipated to significantly improve connectivity, boost internet speeds, and meet the growing demand for high-quality data services.
The meeting covered discussions on the auction process, technical specifications, and the timeline for the spectrum release. The Advisory Committee also explored ways to promote technological advancements and foster an environment conducive to investment and growth in the telecommunications sector.
The meeting saw the participation of Minister of State for IT and Telecom Shaza Fatima Khawaja, Chairman of PTA, and senior officials from relevant ministries and departments.
