Omantel bidding for Iran mobile licence
Muscat, November 30, 2008
Oman Telecommunications Co. (Omantel) said it had qualified for the second stage of bidding for Iran's third mobile phone licence.
A company statement said Omantel was bidding as part of a consortium of international and local partners, which it did not name, to tap a market with a mobile penetration of less than 60 percent, where about half of the population of some 70 million people are under 25 years of age.
"This shows that there are huge opportunities for growth in this sector in the future," Omantel said, adding that that the third operator would have exclusive rights to offer a full range of third-generation (3G) and second-generation (2G) services.
Iran said in August it was inviting companies to bid for the licence. The two existing operators are the state telephone company and Irancell, which is 49 percent owned by MTN Group, sub-Saharan Africa's biggest mobile firm.
Iran's long-running row with the West over its nuclear ambitions has led to UN and Western sanctions, deterring many companies from investing or expanding business in Iran.
Dubai-based Millennium Finance Corporation, which is advising Iran in the bidding, said the process would not be over until the end of the year and that Malaysia's TM International was in the running.
Gulf Arab telecom operators have launched overseas operations after losing their monopolies at home.
Nawras, the Omani affiliate of Qatar Telecommunications Co (Qtel), won a licence to set up Oman's second fixed-line network this month, three years after ending Omantel's mobile monopoly. - Reuters
More IT & Telecommunications Stories
- Arpu's T-Pay gateway draws top game vendors
- SAP unveils new cloud platform
- Zain launches smartphone insurance
- Windows XP users warned on usage risks
- Tecom units welcome 181 new companies
- Ooredoo chairman joins WB gender equality council
- Mobily, Jasper start wireless M2M service
- Telecom Egypt expects mobile licence in Mar or Apr
- Sandvine wins big Etisalat follow-on order
- Aveva software for engineering plant design
- Nawras to upgrade VSat services across Oman
- Mobily, Huawei sign smart network contract
- Etisalat, Tata launch video connect service
- Talia seals new partnership with Thuraya
- 4-pillar approach for telecom operators to boost growth
- Dubai mobile emissions below global standards
- Nawras signs capacity contract with SES
- Etisalat showcases satellite solutions at Cabsat
- Batelco launches 4G LTE roaming
- Gulf Air clinches best innovation award
- Viva inks Pepsi partnership deal
- Du offers free smarphones on tablet purchase
- Batelco launches double credit promotion
- Cyber threats focus of Bahrain security talks
- Bahrain tech expo to honour innovators
- Scope ME named distributor for InfoWatch
- Nawras quadruples 3G+ mobile services
- Menatelecom expands bill paying network
- Du joins new global cable consortium
- Kuwait moves to create telecoms watchdog