ISLAMABAD: Pakistan Telecommunication Authority (PTA) has received Rs 11.43 billion equivalent to $52.44 million against the third annual installment of the 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 $106 million” said a statement of PTA here on Monday.
PTA has so far deposited $ 1.79 billion equivalent to Rs 300 billion in FCF, received from cellular mobile license renewals and spectrum auctions since 2019.
