The final round of spectrum auction for 3G and 4G technologies is all set to commence tomorrow, April 23rd, 2014 at 10:00 AM, that’s just hours away from now.
Pakistan Telecommunication Authority is all prepared to conduct the auction after it exercised full-fledge mock auction yesterday. PTA officials told ProPakistani that all qualified cellular operators participated in the mock auction to understand the procedures and rules associated with the auction process.
Authority said that with mock-auction completed, all operators will now enter into the final round of auction where they will bid for their desired spectrum.
PTA hasn’t revealed any information regarding the type (3G or 4G) and amount of spectrum that operators will bid for. However, we know that a total of 30Mhz in 2100Mhz band while 20Mhz in 1800Mhz band will be auctioned in lots.
While all participating operators, namely Mobilink, Ufone, Telenor and Zong, will take part in bid from their head-offices through internet, an auction hall is being setup in Islamabad where PTA officials, members of auction committee and media will be present to witness the auction.
Bids are likely to start with the base price. Each bid will be expire after 45 minutes before which operators will be allowed to bid higher to become standard highest bidder.
At the end of auction, the standard higher bidder will be granted the spectrum and a license to offer next-generation licenses.
Auction may continue for several hours – if not days – till we get the final winners.
Yes, ProPakistani will bring you live minute-to-minute updates from the auction hall. Be here by 10:30 AM tomorrow.