3G license auction will be transparent, open to all competitors: Nawaz

Permier hopes that international bidders will partake in the upcoming auction.

Prime Minister Nawaz Sharif in a meeting with a delegation of international telecom investors at PM House Islamabad on April 3, 2014. PHOTO: PID

ISLAMABAD:
Prime Minister Muhammad Nawaz Sharif on Thursday said that the upcoming 3G license auction will be open for all national and international competitors and it will be awarded in a transparent manner.

According to a release from the Prime Minister house, Nawaz met with a three-member delegation from the telecom sector on Thursday. He said that Pakistan hoped that international bidders will partake in the upcoming auction.

He was of the opinion that the introduction of 3G technology in Pakistan will provide the crucial momentum to the growing economy and usher in a new era of information technology in the country.


Government should not run businesses but facilitate businesses and for this purpose we have raised the trust of the investors, Nawaz added.

The delegation comprised of Vimplecom CEO Jo Lender, Emeritus co-founder and Chairman Augie K Fabela, and Mobilink CEO and President Rashid Khan.

They appreciated the government’s privatisation policy and said that the introduction of 3G technology in Pakistan will provide the necessary momentum to the growing economy.

The delegation also called on President Mamnoon Hussain.
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