Pakistan Telecommunication Authority has been arranged
full-scale mock auction for 3G and 4G range on Monday.
This practice auction – before the last closeout on April 23rd – is aimed at letting the qualified bidders comprehend the sale process and the details connected with the software that is utilized for the range auction.
Today every one of the four bidders tuned in the mock
spectrum auction to be hung on 23rd of April. The spectrum auction saw just
four organizations to offer for the appealing licenses in Pakistan. The
government is planning to raise 1.3 billion dollars when it sells out five
licenses in the nearing auction.
Organizations today were given an introduction on the
software that is going to be utilized. A mock auction was held where the
software was utilized with the goal that the sale goes easily on the prescribed
day. This was the last adjust before the auction. All inquiries concerning the
process and how it is going to work have now been put to rest by this mock up
activity.
PTA
said that the reason for mock auction is to verify that qualified bidders
participate in last and real auction with far reaching understanding of the
system and the rules.
As explained before, 3G/ 4G spectrum auction in Pakistan
will be a SMRA (Simultaneous multiple-round ascending) auction in which
spectrum Lots will be unloaded all the while over rounds of bidding.
Each one one will have a period interim or 45 minutes and operators
will need to beat previous highest bid with-in the allotted time.
PTA said that the software utilized for the auction and all
different liaisons is organized by Value Partners, the consultants hired by the
authority for the auction.
It may be reviewed that Mobilink, Telenor, Ufone and Zong
had met all requirements for the auction of spectrum.