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New plans for more foreign investment in telecom sector

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Wed, Feb 10, 2010

PTA, Telecom

For more foreign investment in Pakistan telecom industry, a plan to start program within next two months name as mobile virtual network operator.PTA has completed the framework for that and when all stakeholders will agree upon this then the further process will take place. This plan is successfully launched in many countries and now PTA decided to do the same. In which a new Brand will be introduced in Pakistan, like a new mobile phone company but the company will use the back up system of those companies which already working in Pakistan. According to plan PTA will issue a new license for that and the license fee is five million dollars. New company can start its operation by doing agreement with any of the five mobile operators which already working in Pakistan, and license holder company purchase bulk time and then sell it on there own rates to there customers. So mobile virtual network operator use there own brand name and have there own number.

Many foreign companies include djuice, Vodafone and companies which already working are interested to get a license. Chairman PTA Dr.yaseen authenticates the plan and said this is going to happen first time in Pakistan and expecting a three billion rupees foreign investment.

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