ISLAMABAD: Finance Minister Ishaq Dar has said that government’s initiatives and investment in the Information Technology (IT) sector will open new avenues of progress and development in the country.
He was addressing auction ceremony for the award of 4-G spectrum license in Islamabad evening on Friday. He said that the government believes in transparency and good governance for running day to day business in all the sectors.
Dar said that Pakistan is moving towards digital Pakistan that will improve living standard of the common man. Cellular company Mobilink won the 3rd auction for the 4-G spectrum license with 250 billion rupees.
Speaking on the occasion, Minister of State for Information Technology and Telecommunication Anusha Rehman said that the total amount of the auction has been deposited in the government’s account.
She said that 60 megahertz spectrum has been licensed during the last three years. The minister of state said that 5-G will be introduced in 2020 and it will be tested in Pakistan. She expressed hope that Pakistani people will adopt the new technology before all other Asian countries.
She said that the number of broadband users has increased from 3.7 million to 44 million during last four years. Speaking on the occasion, Pakistan Telecommunication Authority Chairman Syed Ismail Shah said that world communication Institutions are acknowledging and appreciating Pakistan’s effort and success in this field.
The Chief Executive Officer of Mobilink in Pakistan said that transparent award of the contract has improved confidence of investors and they are ready to invest more in this sector.