Wataniya eyeing licences in Iraq (22/09/05)

Kuwait's Wataniya Telecom is preparing to bid for up to six mobile phone licences in Iraq and Egypt this year as part of a plan to expand its network in the Arab world, its chairman said.
 
Watiniya looking to expand their network
 
"Iraqi authorities have said that they would launch tenders for five or six licences in October or November. We will submit offers. Iraq is a promising market," Faysal Hamad Al Ayyar said in Algiers.

"We are also interested in the third Egypt licence that is expected to be launched in October. Egypt is a big market," he added on the sidelines of a news conference to present the company's Algerian unit's overview of the past year.

Wataniya has one million subscribers in Algeria, a year after it won a licence there following a bid of $421 million.

It is ranked third behind Egypt's Orascom Telecom, with more than five million users and state-run Mobilis, which has three million clients.

Wataniya, known also as National Mobile Telecommunications Company., won a licence in 2003 to develop a network in Northern Iraq. It has one million subscribers in the country, Al Ayyar said.

Source: TradeArabia

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