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Freeze on Zain Iraq earnings liftedAn Iraqi court has lifted a freeze on revenues of Zain Iraq, the company's Kuwaiti parent Zain said on Tuesday, after a $4.5 billion lawsuit against the Iraqi firm was dismissed earlier this month. A statement to the Kuwaiti b More… |
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Bahrain rules out 4th mobile licenceBahrain has no plans to issue a fourth mobile network operator licence, said a senior government official, adding that the project will have no economic feasibility. “Most countries have two to three operators at the most,&r More… |
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Zain sued for $4.5bn over Iraq telco buyZain is being sued for $4.5 billion over its 2007 acquisition of an Iraqi telecom operator, the Kuwaiti firm said in a bourse statement on Sunday. Zain bought Iraqna for $1.2 billion from Orascom Telecom in December 2007 after the More… |
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Telecom Egypt offered mobile licence for $360mThe price offered to fixed line monopoly operator Telecom Egypt for a mobile licence is 2.5 billion Egyptian pounds ($360 million), the country's telecommunications minister Atef Helmy said at news conference on Wednesday. The More… |
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Telecom Egypt expects mobile licence in Mar or AprEgypt's landline monopoly Telecom Egypt expects a newly-formed government to grant it a licence to provide mobile services this month or next, the state-controlled company's chief executive said on Wednesday. Telecom Egypt More… |
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Telecom Egypt looks for mobile licence this yearLandline monopoly Telecom Egypt is confident the government will grant it a licence to provide mobile services by the end of the year, its chief executive said on Wednesday. "We see a reason to be confident that such a licenc More… |
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Orascom renews Zimbabwe mobile licenceEgypt's Orascom Telecom said on Wednesday its majority-owned Zimbabwe subsidiary had renewed its mobile operating licence for 20 years. But it did not say whether it had agreed to a demand by the Zimbabwe government that it cu More… |
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STC optimistic on Syria mobile licence winSaudi Telecom Company (STC) is optimistic about winning Syria's third mobile licence, the Saudi carrier's chief executive said on Monday. 'Officially, we have received from them that they will inform us of the next date for ope More… |
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STC submits offer for Syria mobile licenceSaudi Telecom (STC) has submitted its technical and operational offer for Syria's third mobile licence, the firm said in a bourse statement on Saturday. STC is one of five firms to qualify for the Syria licence auction, along with Qata More… |
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Iraq hopes to auction 4th mobile licence for $2bnIraq hopes to auction a fourth mobile phone operator licence for around $2 billion by the end of the year and will spend $500 million on upgrading battered infrastructure, the communications minister has said. Mohammed Allawi said Iraq aim More… |
