PTA gets Rs15.82b against licence renewal fee from two CMOs

ISLAMABAD   –  Pakistan Telecommunication Authority (PTA) has received Rs15.82 billion against second installment of licence renewal fee from two Cellular Mobile Operators (CMOs), Telenor Pakistan and Pakistan Mobile Communication Ltd (Jazz). 

The amount is being deposited in Federal Consolidated Fund (FCF) as per practice under Pakistan Telecom Re-organisation Act 1996.

PTA has so far deposited Rs 135.81 billion (equivalent of $862.22 million) with the government, received against 50 per cent of total license renewal fee and first installment of the same from three CMOs. With the amount of second installment received from two CMOs now, the total receipts on this count have become Rs 151.63 billion ($965.39 million).  

Article source: https://nation.com.pk/28-May-2021/pta-gets-rs15-82b-against-licence-renewal-fee-from-two-cmos