Ufone telecom wins unused Pakistan’s spectrum

ISLAMABAD: Cellular company Ufone on Friday won a bid for Pakistan’s unused spectrum with $279 million, said the country’s telecom authority.

Pakistan Telecom Authority (PTA) started the process to sell the unused spectrum late last year.

The spectrum is in the 1800 and 2100 MHz bands typically used by operators for 4G LTE (long-term evolution) networks that offer faster video streaming and internet downloads.

“Total Spectrum won by Ufone is 9 MHz in 1800 MHz band which is 70.3 percent of the total offered spectrum in the said band during the current auction,” the PTA said in a statement.