On March 10, the federal government successfully concluded a 5G spectrum auction, raising $507 million by selling 480 MHz of spectrum.

The auction, which involved three major telecom operators Jazz, Zong, and Ufone, was marked by competitive bidding, particularly for the 2600 MHz band crucial for 5G services. Jazz emerged as the largest buyer, securing 190 MHz across various bands, followed by Ufone with 180 MHz, and Zong with 110 MHz.

The auction results were announced by Pakistan Telecommunication Authority (PTA) Chairman Hafeez Ur Rehman with Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja, who highlighted the auction as a “major milestone” in Pakistan’s telecommunications history. The bidding process was broadcast live, ensuring transparency and building public trust as directed by Prime Minister Shehbaz Sharif, she said.

Finance Minister Muhammad Aurangzeb, who also attended the auction, underscored the economic importance of the 5G rollout, suggesting it would facilitate a better ecosystem for digital advancements like AI and blockchain, and support the country during economic pressures, such as the current oil crisis.

Shaza Fatima Khawaja recalled the foundational steps taken during former Prime Minister Nawaz Sharif’s tenure with 3G and 4G. She emphasized the expected improvements in internet service quality and the strategic plans to expand digital infrastructure, including satellite-based internet and international cable systems.