Press Releases

01
January 1970

Telenor Pakistan outperforms competitors in USF bidding

Islamabad September 12, 2007: Telenor Pakistan has outperformed its competitors in the first ever bid held by the Universal Service Fund Company. Only two operators, Telenor Pakistan and PTCL, were short-listed for the auction, where Telenor Pakistan asked for the lowest subsidy of the two. There are still formalities to be taken care of, but a historical landmark has been achieved.

According to the bid requirements, the winner is to extend its network coverage to 1,283 under-served muzas in Malakand Division. Other mobile service operators who participated in the bidding process were Warid Telecom, CM Pak and PTCL.

The subsidy for the project will be provided from the Universal Service Fund (USF) that has been created by the Ministry of Information Technology & Telecommunications (MoITT). Telecom operators contribute annually to the USF.

The Telenor Group is an international provider of high quality telecommunications, data and media communications services. Telenor ranks as one of the biggest GSM service providers in the world with over 130 million subscribers. Telenor Pakistan is 100% owned by Telenor ASA and adds on to its operations in Asia together with Thailand, Malaysia and Bangladesh.

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