Tag: 12b

$1.2b earned from 3G, 4G auction deposited to kitty

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article image STAFF REPORT ISB: The government of Pakistan has earned $1.2 billion from the sale of 3G and 4G licences and had been deposited in the national exchequer. "Chinese mobile company Zong, the winner of the 3G and 4G licences, has paid the amount in dollars and Telenor tand Mobilink has made 50 per cent of the due payment," Minister for ITandT Anusha Rehman informed the National Assembly. According to a report of Plum - a consulting firm of the UK - 900,000 jobs are expected to…Read More