Kuwait’s Zain Eyes Libyan Growth

Zain, Kuwait’s biggest telecommunications provider, is planning to push ahead with plans to enter the Libyan market.

Board member Bader Nasser Al-Kharafi (pictured) told Arabian Business:

We were targeting Libya and they stopped the process there but Libya is one of the countries we would like to be in.

Government-controlled Libyan Post Telecommunication and Information Technology Co (LIPTIC) owns the country’s two mobile operators — Al Madar and Libyana — as well as Libya’s main internet provider, with the telecoms sector isolated from much foreign competition during the Gaddafi era.

Libya had planned to tender a management contract for LIPTIC, which is seen as a prelude to privatisation by analysts, but this tender has been put on hold.

(Source: Arabian Business)

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