Now Telenor 4G is the 2nd and only company in Pakistan offering 3G and 4G services. 4G license has awarded in US$395 millions to Telenor Mobile company, as it seeks to capitalize on a booming domestic mobile market some two years since broad-band internet arrived in the country.
Another Pakistani Mobile Company Received 4G licensed in US$395: Now Telenor 4G after Zong 4G license :
In 2014, Pakistan auctioned its first 4G broadband license to China’s zong for $210 million, along with 3G license to Zong, the UAE’s Warid, and Pakistan domestics Mobilink. The total raised in the auction was $1.2 Billion.
In the first quarter of 2015 smartphone shipments to the country soared by 123% according to the Pakistan Telecommunication Authority’s annual report, one of the fastest growth rates in the developing world.
Since then broadband use has exploded, with the number of users growing to around 29 million from a mere 1.9 million – a higher percentage than India, Nepal and Bangladesh.
Pakistan’s state-run Telecom Authority (PTA) had auctioned the license to Pakistani national and international telecom companies with Telenor winning the bid.
“The license for 850 MHz band will be awarded on base price of $ 395 Million in according with the schedule,” an internal statement from PTA said.
“The license will be awarded to Telenor within 30 days of payment,” it added. Telenor Pakistan is 100% owned by Norway’s Telenore Group, one of the largest mobile operators in the world. Telenor Group is international provider of high quality voice, data, content and communication services in 13 international markets across Europe and Asia. Telenor Group is world largest mobile operators group among the world with 180 million mobile subscriptions and a workforce of approximately 33,000.
Telenor Pakistan has reported a Pakistan’s second largest mobile operator. Telenor acquired the GSM license in 2004 and began commercial operations on March 15, 2005. Telenor invested over $2.3 billion in the economy of Pakistan and has created 2500 direct and 30,000 plus indirect jobs. Telenor has a network of over 200,000 retailers, franchises and sales & service centers, which are providing round the clock services to thousands of Pakistanis.
Now very soon Telenor will introduce its “Telenor 4G Internet Packages”