PTA Receives Rs. 24.24 Billion from Jazz Against License Renewal Fee

Pakistan Telecommunication Authority (PTA) has received deposit amounting to Rs. 24.24 Billion (equivalent of USD 105.80 Million) from Pakistan Mobile Communications Limited (Jazz) on account of license renewal fees.

The amount is being 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 will become Rs. 56.57 Billion (equivalent to USD 253.78 Million).

Here is the official press release:

Yesterday, the Pakistan Telecommunication Authority (PTA) announced that users may face service disruptions after the massive power breakdown and the regulator is working with operators to provide uninterrupted services across the country.

Due to country wide power outage, users may face service disruptions. Cellular Mobile Operators have been instructed to inform their respective subscribers accordingly and to make optimal efforts for refueling of the gensets on maximum number of sites.
— PTA (@PTAofficialpk) January 23, 2023