Only Ufone in race for additional spectrum

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The country’s top three mobile companies — Jazz, Telenor and Zong 4G — have decided to stay away from the Sept 16 auction of additional spectrum, leaving only Ufone in the field as the last date to submit the bids in this regard expired on Thursday.

As the three major players have stayed away from the bidding process citing different reasons, Ufone will be able to obtain additional spectrum at the base price due to lack of competitors.

The base price for 1800 and 2100 mega hertz (MHz) has been set at $31m and $29m, respectively, for each megahertz spectrum.

But on the other hand the government earnings in this regard will only be limited to around $132m, with around $74.4m for 1800 MHz and $58m for 2100 MHz, because the terms of the auction allows each Cellular Mobile Operator (CMO) to acquire only up to 40 per cent of their existing spectrum.