ISLAMABAD: Pakistan has sold 480 megahertz (MHz) of fifth-generation (5G) telecom spectrum for $507 million, the Pakistan Telecommunication Authority (PTA) confirmed after a live auction on Tuesday, marking a key step toward introducing faster mobile broadband. The live auction was organized by the PTA to determine which telecom operators would acquire the frequencies needed to deploy 5G mobile networks across Pakistan. Pakistan, a country of over 240 million people, is one of the world’s largest telecom markets by population, with over 190 million mobile phone users.

ISLAMABAD: Pakistan will hold an auction for 5G spectrum tomorrow, Tuesday, as the government prepares to launch next-generation mobile services in five major cities in bid to…

Finance minister says better connectivity to help country in "seamless transition" while navigating current oil crisis.