5G auction to proceed today as govt, telecom companies finalise preparations
5G spectrum auction today
ISLAMABAD: The government has clarified that the 5G spectrum auction will proceed as scheduled on Tuesday (today), and mock exercises with all three participants — Jazz, Zong, and Ufone — have been completed.
During a background briefing held on Monday, Shaza Fatima, the Minister of IT and Telecom, stated that efforts have been made to ensure that all three stakeholders benefit from the spectrum auction.
Since most of the demands of the telecom companies have been accepted, they will benefit from a reduction in their financial burden. The government will receive revenue through the auction process, and consumers will enjoy fast and reliable internet across the country.
“Currently, only 274 megahertz (MHz) spectrum is running the whole system in the country, leading to network issues,” she said, adding that the priority of the government is to enhance the quality as well as the coverage area of 4G in the country. At the same time, the 5G coverage will also commence after the auction.
The government was offering approximately 600 MHz of spectrum, and four new bands have been introduced in the current auction........
