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Home Telcos Yet Another Mobile Network License To Be Offered By Libyan Government

Yet Another Mobile Network License To Be Offered By Libyan Government

by Caroline Vutagwa
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Libyana and Al Madar, state-owned telecommunication companies will soon have another competitor, as Libya is expected to issues a third operation with a three to six months.

The Libyan government wants to decrease its presence on the telecommunications in order to involve the private sector be it local or foreign.

Discussions between the economy ministry and its associated investment authority want to make the license more appealing to the telecommunications candidate.

Efforts by United Arab Emirates telecoms firm Etisalat to bid $825 million to get the third license in 2009 was went rock-bottom as the previous government revoked the tender.

The new government took back the stakes in the state-owned networks which had been controlled by the former dictator Colonel Gaddafi’s family following his death.

A research report from BuddeComm firm says that Libya’s telecoms market as well as the country’s economy and the telecommunications sector was crippled and disrupted by the civil war in 2011 but it is slowly recovering.

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