Bahrain to invite 3rd mobile licence bids in Aug
Manama, May 22, 2008
Bahrain plans to issue invitations to tender for the country's third mobile licence by mid-August and receive submissions by November, the island's telecoms watchdog said.
A winner is due to be announced in early December, the Telecommunications Regulatory Authority (TRA) said in a statement.
Six firms have expressed an interest in becoming the third mobile network operator in Bahrain, an island of about 1.05 million people.
The kingdom has been on a drive to boost competition and bring down prices. The third mobile operator would compete with Bahrain Telecommunications Co and Zain, a unit of Kuwait's Mobile Telecommunications Co.
The TRA said the six firms who have expressed an interest so far have been a mixture of local and international companies. - Reuters