Telenor Pakistan granted 4G licence for $395m

Published: June 10, 2016
New licence would allocate company another 10MHZ block on 850-MHZ band. PHOTO: FILE

New licence would allocate company another 10MHZ block on 850-MHZ band. PHOTO: FILE

KARACHI: Pakistan has awarded a $395 million 4G licence to Norwegian telecom giant Telenor, as it seeks to capitalise on a booming domestic mobile market some two years since broadband Internet arrived in the country.

In 2014, Pakistan auctioned its first 4G broadband licence to China’s Zong for $210 million, along with 3G licenses to Zong, the UAE’s Warid, and Pakistan’s domestic Mobilink. The total raised in the auction was $1.2 billion.

In the first quarter of 2015 smartphone shipments to the country soared by 123 per cent, according to the Pakistan Telecommunication Authority’s annual report, one of the fastest growth rates in the developing world.

Telenor wins 850MHZ spectrum licence

Since then broadband use has exploded, with the number of users growing to around 29 million from a mere 1.9 million – a higher percentage than India, Nepal and Bangladesh.

Pakistan Telecom Authority (PTA) had auctioned the license to local and international telecom companies, with Telenor winning the bid.

“The licence for 850MHz band will be awarded on base price of $395 Million in accordance with the schedule,” an internal statement from PTA said.

“The licence will be awarded to Telenor within 30 days of payment,” it added.

Telenor Pakistan is 100 per cent owned by Norway’s Telenor Group, one of the largest mobile operators in the world.

Facebook Conversations

Reader Comments (4)

  • irfan
    Jun 11, 2016 - 1:01AM

    Will see if Telenor 4G is better than Zong or not. Recommend

  • James
    Jun 11, 2016 - 3:13PM

    Telenor plays smart business where as zong gives 1st priority to its customers. Zong Quality is much clearer and higher than Telenor. I stayed in Pak for 2 months and found Zong way better than others.
    My Verdict.
    Telenor Call Quality & Data speed is 3/10. Where as Zong gives 7/10.Recommend

  • Naveed
    Jun 11, 2016 - 7:08PM

    I found Warid better then telenor and ported from telenor to Warid. Telenor has very cheap service (cal quality is very poor).Recommend

  • Gulfam
    Jun 11, 2016 - 8:00PM

    Telenor has faced a loss of $185 million in license only whereas Zong will grab more customers being first 4G network in the country.Recommend

More in Business