3G licences no longer expected before June

24 Apr 2012

Pakistan’s government is no longer expecting to receive the anticipated USD800 million windfall to be generated by the distribution of 3G licences before the end of the fiscal year on 30 June, reports the Business Recorder citing informed sources. Problems of transparency relating to the selection of a consultant to advise the auction process have marred the long-delayed sale of 3G concessions and are expected to set the tender back once again. Most recently, the Pakistan Telecommunication Authority (PTA) had set a closing date of end-March for the auction but once again, complications forced postponement. Nevertheless, officials had initially remained hopeful that the tender would take place in the current financial year, but have since revised their expectations. No new date has yet been slated for the auction.