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Business & Finance

Reuter exclusively reports Pakistan to auction telecom spectrum

Reuters reported exclusively that Pakistan will begin the process of selling unused telecom spectrum in an auction it hopes will raise around $1 billion and enhance network capacity. The spectrum is in the 1800 and 2100 MHz bands typically used by operators for 4G LTE (long-term evolution) networks that offer faster video streaming and Internet downloads. Pakistan is anxious to replenish state coffers that have been hit by a slump in the economy and in tax collections exacerbated by the coronavirus pandemic. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Middle East
Countries: Pakistan
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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