PTA Renews Jazz License,Pakistan Mobile Communications Limited (Jazz) has renewed its licence with Pakistan Telecommunication Authority in accordance with the Federal Government’s Policy Directive (PTA).
The licence was extended for a sum of $486.2 million for a period of 15 years, with Jazz depositing 50% of the money, i.e. Rs. 44.54 billion (equivalent to $243.1 million), and the rest amount paid in 5 equal yearly instalments, with appropriate markup.
The terms and conditions of the renewal licence have been improved in terms of coverage and service quality. Federal Secretary for Information Technology and Telecommunications Dr Muhammad Sohail Rajput, PTA Chairman Maj.
PMCL (Jazz), PTA, and MOIT senior management, including General Amir Azeem Bajwa (R), Member Compliance & Enforcement (PTA) Dr Khawar Siddique Khokhar, and Member Compliance & Enforcement (PTA) Dr Khawar Siddique Khokhar.