Tag Archives | Libyana

Gunmen Steal $600,000 Cash

Gunmen have reportedly stolen $600,000 from a van taking cash to a bank in Eastern Libya. Five men stopped the van which was transporting 750,000 Libyan dinars ($600k) from an office of telecommunications company Libyana in the city of Derna, east of Benghazi. (Source: Reuters)

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Nokia Opens New Tripoli Office

Nokia Solutions and Networks (NSN) has opened a new office in Tripoli. The company’s Head of Middle East and Africa for NSN, Igor Leprince (pictured), said the opening was just the first step in delivering world-class mobile broadband to Libya: “NSN is committed to continuing its focus on Libya and to playing a strong role […]

Mobile Operator Libyana to be Floated

Libya plans to list one of its two state-owned mobile phone operators on the stock exchange next year. Reuters reports that Libyana, with annual revenue in excess of $1 billion and a 70 percent market share, could be floated on the Tripoli stock exchange in the second quarter of 2014. The company is currently owned […]

Libya to Offer Third Mobile Licence

Libya intends to award a third mobile licence within three to six months. Communications Minister Usama Siala told Bloomberg that the government is keen to decrease its hold on the telecom sector and “get the private sector more involved, whether local or foreign”. He added that negotiations are currently underway with the Ministry of Economy […]

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 […]

Kuwait’s Zain Eyes Libyan Telco Market

Kuwaiti telecom operator Zain is keen on entering Libya’s market, the former monopoly’s chairman said on Sunday. Group chairman Asaad Ahmed al-Banwan (pictured) told reporters outside the company’s annual shareholder meeting on Sunday: “We have a study for Libya, we are considering the Libya market at the moment.“ Libya’s telecom sector is run as a […]

Alwadi Wins Libyan Telecoms Contract

A small Libyan company has beaten international competition to win a LD 5 million ($4 million) contract from Libyana, reports Libya Herald. Alwadi Communications won a contract to install the infrastructure for high-speed internet and reliable mobile coverage to 57 hotels, government buildings and airports, ahead of Chinese telecoms giants ZTE and Huawei. Aimen Abuaisha, […]