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)