Kuwait's Zain says in talks over Iran's 3rd mobile

KUWAIT May 11 (Reuters) - Kuwait's Mobile Telecommunications Co (ZAIN.KW) is in talks with Iran for the country's third mobile licence, a spokesman said on Monday.

The Iranian news agency reported earlier on Monday Emirates Telecommunications Corp ETEL.AD (Etislat) had been eliminated.

"We have been notified by the Iranians and as soon as practical we will meet with them to see the new terms and conditions," Ibrahim Adel told Reuters.

Zain, as part of a consortium, was the next bidder, Adel said.

Etisalat executives were not immediately available for comment.

(Reporting by Rania El Gamal and John Irish; Editing by Andrew Hammond)