Islamabad, (Parliament Times) : Pakistan Telecommunication Authority (PTA) has received Rs. 11.43 Billion (equivalent to USD 52.44 Million) against third annual instalment of license renewal fee from CMPak Limited (Zong) in line with payment terms of the license renewed in the year 2019.
The amount has also been deposited in Federal Consolidated Fund (FCF). With this deposit in FCF, the cumulative deposit by PTA in FCF during the current financial year i.e. 2022-23 has become Rs. 22.98 Billion (equivalent to USD 106 Million).
PTA has so far deposited USD 1.79 Billion in equivalent Pak Rupees amounting to Rs. 300 Billion in FCF, received from cellular mobile license renewals and spectrum auction since 2019.
Trending
- Indian PM’s decision to call AJ&K a part of India is a violation of UN resolutions: Javed Badhanvi
- Significance of Qatar Emir’s crucial Bangladesh visit
- Dr. Yunus’ Dark Side and Social Media Users
- Terrorizing the CPEC: Analyzing a Comprehensive Security Framework for CPEC
- Flood in Gwadar
- In Pursuit of Morels: A Childhood Adventure
- FBL Unveils Strong Financial Results for the Q1’24
- High-profile UK delegation explores collaborative opportunities at NUST