• Most Popular
  • Most Shared

Tunisia to sell telephone licence in 2009 -paper

Tue Nov 11, 2008 5:08am EST

Stocks

   

TUNIS, Nov 11 (Reuters) - Tunisia will launch an international tender next year to award a fixed-line telephone licence, part of a drive to boost foreign investment and accelerate growth, a local newspaper reported on Tuesday.

"The tender is scheduled for the beginning of next year and expected to be completed at the end of 2009," the daily Le Quotidien said.

Government officials are not immediately available for comment.

The country awarded a mobile phone licence in 2002 to Tunisiana, a joint venture of Kuwait's National Mobile Telecom (NMTC.KW) and Egypt's Orascom Telecom (ORTE.CA).

State-controlled Tunisie Telecom still holds a monopoly in fixed-line services and controls more than 70 percent of the mobile market.

It has 6 million mobile and fixed-line customers in the North African country's of 10 million. Dubai's Tecom holds a 35 percent stake in Tunisie Telecom. (Reporting by Sonia Ounissi, editing by Will Waterman)



More from Reuters

Photo

U.S. probing if al Qaeda linked to airplane incident

WASHINGTON (Reuters) - The United States is investigating whether al Qaeda was involved in a Christmas Day attempt to blow up a passenger jet, but there is no early evidence the Nigerian suspect in the case was part of a larger plot, the U.S. homeland security chief said on Sunday. | Video

A Delta Airbus 330 airliner sits on a runway at Detroit Metropolitan Airport in Romulus, Michigan in this video grab made December 25, 2009. Credit: REUTERS/WDIV TV/Handout

The battle in mid-air

The attraction of bombing airliners means the aviation industry has to be constantly vigilant in its fight against attackers.  Full Article 

A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
Political Risk in 2010:

Don't say we didn't warn you

With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article