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Friday, November 15, 2024

Home Business PTA receives Rs 6.17b from Ufone

PTA receives Rs 6.17b from Ufone

by News desk
November 9, 2022
in Business

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Pakistan Telecommunication Authority (PTA) has received another deposit amounting to Rs 6.17 billion for the spectrum assigned to Ufone through an auction held in 2021.

The amount has accordingly been deposited in Federal Consolidated Fund (FCF), said a news release.

With this deposit in FCF, the cumulative deposit by PTA in FCF during the current financial year i.e. 2022-23 has become Rs 29.15 billion equivalent to $134 million.