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Print Print edition: 2011-09-10

Cabinet body discusses Etisalat agreement

Published Updated

The Cabinet Committee constituted by the Prime Minister for examining the matters regarding share purchase agreement with Etisalat and auction of 3G spectrum met here on Friday with the Finance Minister Dr Abdul Hafeez Shaikh in the chair. The meeting discussed different matters regarding 'Auction of 3G Spectrum', 'China Mobile LDI licence', 'WLL Broadband Spectrum Auction', and 'Transfer of PTCL properties', with officials of the Ministry of Information Technology, PTA and Etislalat.
The meeting deliberated on all pros and cons regarding auction of 3G spectrum and decided to form a subcommittee, which will look into every detail of the matter. The meeting also discussed the China Mobile LDI Licence issue, in which the chairman of the committee, Dr Abdul Hafeez Shaikh, agreed that the ministry of information technology can negotiate with Etisalat to grant of LDI licence to China Mobile, as proposed by Ministry of Information Technology.
The meeting also deliberated upon the transfer of PTCL properties to the provinces and concerned departments. It was stated that out of 3248 properties, 3101 properties have already been transferred to provinces and related departments and 147 properties are outstanding.
On the issue of transfer of remaining properties of PTCL, the Finance Minister asked Secretary Information Technology to come up with draft containing salient features to him to be sent to the Prime Minister for further action. The chairman of the committee also accorded approvals of the recommendation about the wireless local loop auction and its policy directives. Secretary Finance, Dy Chairman of Planning Commission, Chairman of PTA and other officials of Ministry of IT and Etisalat were also present in the meeting.-PR

Copyright Business Recorder, 2011

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