Pakistan raises $507m in long-delayed 5G spectrum auction

According to the Pakistan Telecommunication Authority, the spectrum auction sold most of the 597 megahertz of spectrum offered across multiple bands In sum – what to know: $507M raised in spectrum sale – Pakistan sold 480 megahertz of spectrum in its long-awaited 5G auction, with Jazz, Zong, and Ufone securing frequencies for next-generation mobile services. […]