Pakistan will hold spectrum auction for 5G services in 2023 — PTA

Pakistani pedestrians wait for transport as they stand in front of an advertisement for a cellular telephone in Rawalpindi on May 14, 2010. (AFP/File)
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Updated 02 March 2021
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Pakistan will hold spectrum auction for 5G services in 2023 — PTA

  • The country already has some 85 million 3G and 4G subscribers
  • Mobile phone operators in Pakistan have already conducted trials of 5G services in Pakistan: PTA

KARACHI: Pakistan is gearing up to roll out 5G mobile phone services in the country by fiscal year 2022-2023 with an auction of unused telecom spectrum, the Pakistan Telecommunication Authority (PTA) said last week in a report.
The spectrum is in the 1800 and 2100 MHz bands typically used by operators for 4G LTE (long-term evolution) networks that offer faster video streaming and Internet downloads.

“PTA is aiming for auctions of spectrum for proliferation of LTE and VoLTE (Voice over Long-Term Evolution) Services in FY 2021 and 5G services in FY 2023,” PTA said.

Once implemented, this will place Pakistan among a legion of emerging market countries such as Azerbaijan, Bangladesh, Kazakhstan, India and Sri Lanka-- all of which are planning to launch the ultra-fast mobile internet service in the next two years. 
The country has some 91 million 3G/4G subscribers, and the upcoming auction is seen a precursor to any 5G launch.

To ensure spectrum availability which is a critical resource for broadband proliferation, PTA said it has geared up efforts to hire international consultants for the market valuation and auction of spectrum in 1800 MHz and 2100 MHz.  

“The availability of additional spectrum in 1800 MHz will also enable operators to expand their existing 4G operations and transition to advanced technologies,” PTA said.
By 2023, the economic contribution of the mobile industry in Pakistan is estimated to reach $24 billion, 6.6% of GDP, GSMA estimates.

Pakistani mobile phone operators including China Mobile Pakistan (CMPak) that operates under Zong 4G, Jazz and Telenor conducted 5G trials in August 2019, January 2020 and March 2020. These were among the first trials of 5G services in any South Asian country, with a recorded download speed of more than 1 Gigabits per second (Gbps), making Pakistan a pioneer of 5G trials in the region, according to PTA.  
The first 5G call between Islamabad and Beijing was made in November 2020. Zong 4G became the first Pakistani operator to make the country’s pioneering 5G NSA (Non-Standalone Access) call in collaboration with Beijing Mobile. The NSA setup allows operators to leverage their existing network investments in communications and mobile core, instead of deploying a new core for 5G. 

Destined to become the future of communication technology, the 5G services are forecast to grow from "0 in 2018 to 2.8 billion connections in 2025,” according to a June 2020 report by the GSM Association (GSMA), an industrial body representing mobile network operators from across the world.  

Recently, Syed Amin Ul Haque, Federal Minister for IT & Telecommunication told Arab News that 5G operates on optic fiber and that the government was working on this basic requirement in addition to improving and modernizing required infrastructure.


Veon Group invests $20 million in Pakistan’s Mobilink Bank to accelerate digital Islamic banking

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Veon Group invests $20 million in Pakistan’s Mobilink Bank to accelerate digital Islamic banking

  • The investment builds on $15 million capital deployed by Veon in January 2025
  • The capital will be used to scale the bank’s micro, small and medium enterprises

KARACHI: Global digital operator Veon Group has announced an investment of $20 million in Pakistan’s Mobilink Bank to support its growth and digital Islamic banking expansion in Pakistan, it said on Friday.

Mobilink Bank is a part of Veon Group, a global digital operator that provides services to over 150 million connectivity customers and over 140 million monthly active digital users. The Nasdaq-listed company operates across five countries that are home to more than 6 percent of the world’s population.

The investment builds on $15 million capital deployed by Veon in January 2025 and underscores its confidence in Mobilink Bank’s growth momentum and its integrated digital financial ecosystem with JazzCash, amid the rapid expansion of Pakistan’s digital banking and microfinance sector, according to Veon Group.

The capital will be used to scale Mobilink Bank’s micro, small and medium enterprises (MSME) financing portfolio, advance its Islamic banking offerings, and strengthen its evolution into a technology-driven, digitally native bank, with a continued focus on expanding regulated financial access for underserved communities.

“This investment will accelerate the expansion of our shariah-compliant Islamic banking offerings, helping small businesses formalize cash flows, access regulated credit, and build long-term financial resilience,” said Haaris Mahmood Chaudhary, president and chief executive officer of Mobilink Bank.

“As a future-ready digital bank, our focus remains on delivering practical, technology-enabled financial solutions that empower entrepreneurs — particularly women and underserved communities — across Pakistan.”

Mobilink Bank’s expanding deposit base and MSME-oriented lending portfolio are enabling small businesses to transition from informal cash usage to regulated banking, while targeted women-centric financial products and green financing initiatives support inclusive growth and resilience in the face of Pakistan’s climate and economic challenges, according to a statement issued by Veon Group.

Mobilink Bank, together with JazzCash, which serves over 57 million customers and is supported by a nationwide network of more than one million merchants and agents, anchors one of Pakistan’s largest digital financial ecosystems. During the year, JazzCash processed gross transaction value exceeding Rs15 trillion ($53 billion), underscoring the scale, resilience, and impact of fintech in advancing financial inclusion, social mobility, and responsible digital innovation across Pakistan.

The investment reflects Veon Group’s broader digital strategy of strengthening high-impact financial ecosystems through technology-led solutions and disciplined capital deployment, positioning Mobilink Bank as a key contributor to Pakistan’s evolving financial sector, according to the global digital operator.

“This continued stream of investment from VEON underscores our long-term commitment to Pakistan and confidence in the structural shift underway in the country’s digital financial services ecosystem,” Veon Group Executive Committee Member and Chairman Mobilink Bank, Aamir Ibrahim, was quoted as saying.

“It strengthens Mobilink Bank and JazzCash’s ability to execute on our strategic priorities, invest in resilient technology infrastructure, and contribute to the development of inclusive and sustainable digital banking.”