Pak Telecom Mobile Limited (PTML) working under the brand name Ufone along with its digital telecom brand onic and being a hundred percent subsidiary of Pakistan Telecommunication Company Limited (PTCL) has acquired 5G spectrum successfully in the Pakistan Telecommunication Authority's (PTA) 5G spectrum auction at Islamabad.
PTML Gets 5G Spectrum for the Next Gen Dig Economy of Pakistan.
This milestone has been a huge step
forward in unlocking the next stage of Pakistan's digital transformation by
opening the door for faster connectivity, ultra low latency services and
creation of completely new digital experiences for consumers, businesses and
industries.
The
spectrum acquired by PTML (Ufone) shall also be used by Telenor Pakistan after
the merger of PTML (Ufone) with Telenor Pakistan with all the required
regulatory approvals.
Following completion of the merger, the resulting entity (MergeCo) will use the
combined spectrum to provide advanced digital services to over 70 million
customers throughout the country, creating one of the most powerful digital
platforms in the country.
5G is much more than increased speeds
for mobile devices. It is what will allow for a fundamentally different degree
of digital capability that will support the ever-increasing requirements of the
digital economy in Pakistan.
For consumers, though, 5G will offer
seamless ultra-high-definition video streaming, immersive cloud gaming,
augmented reality and virtual reality experiences as well as faster access to
digital services and entertainment.
In the case of businesses and
enterprises, 5G will provide transformative potential, including intelligent
factories, automated logistics, AI-enhanced analytics, and the ability to
connect to the cloud with the highest level of reliability that will underpin
business operations that are indispensable.
In other sectors such as healthcare,
education, agriculture and public services, 5G can help achieve innovations
such as remote diagnostics, virtual classrooms, smart farming technologies,
intelligent traffic systems and next-generation financial services.
The acquisition of 5G spectrum is a part
of PTML's ongoing commitment to enhancing the quality, reliability and reach of
digital connectivity for individual and enterprise customers.
Following the planned merger with
Telenor Pakistan, this integrated network will allow more efficient use of the
spectrum resources, enhance nationwide coverage and bring greater capacity into
the investment to help accelerate the implementation of more advanced network
technologies.
The company will now begin preparations
for a phased but speeded up roll out of 5G services, initially in the major
urban centers, but gradually spreading across other regions. Significant
investment will be made in network modernization, site densification, and
development of a more digital infrastructure for consistent performance and an
excellent customer experience as 5G begins to scale nationwide.
Celebrating the milestone, Hatem
Bamatraf, President and Group CEO, PTCL & Ufone said,
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"5G is a transformational leap in
the way people, businesses and societies connect and innovate." It's not a
question of simply faster speeds, but of making it possible to generally have
far new kinds of digital experiences as well as new economic opportunities.
Our priority has been to develop a
resilient and future-ready digital infrastructure that facilitates support to
Pakistan's rapidly-changing digital economy. With 5G, customers will experience
more intelligent services, businesses will have powerful new tools for
productivity and innovation and entire industries will be able to reimagine how
they operate in a digital world."
He said, "As we consolidate our
networks and capabilities after the merger with Telenor Pakistan, we will be
uniquely positioned to roll out 5G on a large scale, delivering advanced
digital services to millions of customers and enabling Pakistan's
entrepreneurs, enterprises and communities to participate fully in the digital
economy."
The use
of 5G is set to play a central role in promoting the Government of Pakistan's
vision for Digital Pakistan, which aims to support the country's digital
infrastructure and speed up the innovation process by enhancing access to
modern digital services.
Through ongoing investments in advanced
connectivity and digital technologies, PTCL hopes to be part of the
country's economic development for the long term, technological advancement,
and digital inclusion.
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