Telenor won 850MHz spectrum auction held by Pakistan Telecommunication Authority in Pakistan and become the sole winner of 4G spectrum. At a base price of $395 Million, the auction of 10MHz block in 850MHz band was announced by PTA for which only Telenor Pakistan submitted its bid and soon be awarded by 3G/4G spectrum through a press briefing by Pakistan Telecommunication Authority and Ministry of IT and Telecom.
After become the 3rd 4G operator in Pakistan, Telenor is planning to initiate its 4G services and products very soon in the country. The newly appointed CEO of Telenor Pakistan, Mr. Irfan Wahab Khan, also confirmed this statement about rolling out Telenor 4G Services within few coming months.
Global economy has moved on to Internet and segments like health, education, agriculture and literally everything else that is capitalizing the benefits of internet. That’s exactly where we are moving towards now with largest 3G network in Pakistan and 4G network that would be available in matter of just few months. Telenor is still working on the numbers for the investment that would be required for the network rollout, but Telenor Pakistan is fully committed to Pakistani market. We have just invested $395 million for the spectrum while more funds will be poured in to the network during next two years to offer Pakistani customers the best in class 3G and 4G networks.