UAE's Etisalat reviews options after Iran licence loss
DUBAI |
DUBAI May 11 (Reuters) - Emirates Telecommunications Corp ETEL.AD (Etisalat) said on Monday it is reviewing its options after confirming it was stripped of Iran's third mobile licence, but plans to revert back to the Iranian regulator.
"Etislat has received notification from the Iranian Communications Regulatory Authority of the Islamic Republic regarding its bid for the third mobile licence is no longer the winner of the Iranian third mobile licence," Etislat said.
The firm added it was reviewing its options, but was still committed to the development of the Iranian telecom market.
(Reporting by Daliah Merzban and John Irish)
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