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Libya Business News, Kuwait’s Zain Eyes Libyan Growth

Libya Business News

Kuwait’s Zain Eyes Libyan Growth

01/07/2013 – www.emgegconsulting.com

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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