Monday, 12 January 2009

Lebanons network renewal attracts bidders

The Lebanese Telecom industry is set for a shake up with the expiry of MTC Touch and Alfa's license. Orascom Telecom Holding, France Telecom and Kuwait's Zain have all submitted offers their cellular networks.

Unusually, the Lebanese contracts are for one year and are subject to renewal only once. Lebanon currently has 1.3m mobile subscribers.

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