PTA Grants 20-Year Fixed Local Loop Licenses to Supernet Limited
Supernet Limited (PSX: GEMSPNL) has announced the successful acquisition of Fixed Local Loop (FLL) Licenses from the Pakistan Telecommunication Authority (PTA) for a duration of 20 years, effective from October 22, 2024.
The FLL licenses encompass all 14 telecom regions across Pakistan and are a significant upgrade from the previously held Class Value Added Services (CVAS) license, which was initially issued on October 23, 2009, and is set to expire on October 22, 2024.
With the new FLL licenses, Supernet Limited gains additional rights, enabling the deployment of its own infrastructure and the provision of a wider range of services to its customers. This advancement is expected to lead to increased revenues and improved profit margins for the company.
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