Government ensure fair competition in 3G spectrum technology auction in transparent manner

Islamabad: Prime Minister Yousuf Raza Gilani Thursday assured government will ensure fair competition in 3G spectrum technology in transparent manner as it was committed to provide enabling environment for introducing latest technologies in telecom sector.

He was talking to Heads & Chief Executive Officers of major Telecom Companies who said telecom sector was contributing about Rs 110 billion to national exchequer as tax and providing job opportunities to millions of young Pakistanis directly and indirectly. They said total foreign investment in Pakistan’s telecom sector was $10 billion.

Gilani said it was encouraging that telecom operators are focusing on delivering value added services, mobile banking. He directed Finance Ministry & Federal Board of Revenue hold meetings with telecom companies to rationalize tax regime keeping in view interests of industry and consumers at the same time.

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