US$ 110 Million as Advance Tax Finally Paid Today!

IT Pakistan: - Winners of 3G/4G auction have paid its advance today at Federal Board of Revenue. They should pay their spectrum charges tomorrow at Pakistan Telecom Authority.
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Today (Tuesday) more than $ 110 million was allocated four cellular Treasuries. This has hinted strongly that the licenses will be officially awarded the winners on May 22. This is a positive sign for the telecom industry as advance tax was the only issue which was to delay the issuance of licenses. The telecom companies had shown reservations in advance tax which resulted in the postponement on May 10 and then on 17 May (World Telecom Day).

On Wednesday the winners of 3G/4G spectrum Mobilink and CMPAK (ZONG) will pay license fees in Pakistan Telecom Authority. Pakistan will award 3G and 4G licenses to all four mobile operators May 22, a new telecom today in Pakistan in 2014, an official of the Pakistan Ministry of IT and Telecom confirmed. It was earlier planned to award licenses on May 17, a day when the world celebrates World Telecom Day, but the ceremony has been further delayed due to a tight schedule of Prime Minister Nawaz Sharif, who has been asked to testify landmark event in the history telecommunications inPakistan.

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