Ufone and Zong Deposit $30M Pre-Bid for Pakistan’s 5G Auction

Pakistan’s much-anticipated 5G spectrum auction is set for March 10, 2026.

Read More: https://theboardroompk.com/hindustan-aeronautics-stock-drops-after-tejas-crash/

Two major telecom operators, Ufone and Zong, have each deposited $15 million as pre-bid earnest money with the Pakistan Telecommunication Authority (PTA).

This brings the total pre-bid commitment to $30 million so far.

Key Developments and Participation

The PTA requires each bidder to submit $15 million upfront, adjustable against final license fees.

Jazz is expected to deposit its amount soon, before the February 27, 2026 deadline. With three operators likely participating, the auction is positioned for competitive bidding.

Officials believe this will meet the success threshold and boost investor confidence.

Auction Structure and Expectations

A total of 597 MHz of spectrum is on offer across various bands. At least 50% (around 300 MHz) must be sold for the auction to succeed.

Each operator is mandated to secure a minimum of 100 MHz. The process uses a multi-round electronic clock format, starting March 10. Proceeds could exceed $634 million, with estimates ranging from $300-700 million depending on bidding intensity.

The auction paves the way for 5G rollout, starting in major cities like federal and provincial capitals. Services aim to deliver ultra-high speeds, low latency, and support for digital economy growth.

Industry watchers see this as a milestone for Pakistan’s telecom sector after years of delays.

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