State opens auction for third mobile licence

11 Jul 2007

The Kuwaiti government has officially opened the tender for the country’s third mobile licence. Interested parties have until the end of this month to apply to take a 26% stake in the new operator; 50% of the firm’s shares will be offered to the public, while the remaining 24% will be retained by the state. The winning bidder is expected to be announced by November. The new operator will compete against current market leader MTC-Vodafone and its rival Wataniya Telecom; these two shared more than 2.5 million customers at the end of March according to TeleGeography’s GlobalComms database.

Kuwait , Ooredoo Kuwait, Zain Kuwait

Subscribe



Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share