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Libya Delays Tender to Manage State-Owned Telco

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The Libyan government has put a halt to a process to award a management contract for its state owned telecoms network, the Libyan Post, Telecommunication and Information Technology Co (LIPTIC).

Citing Etisalat's CEO, Ahmad Julfar the Reuters news agency reported that the tender had been put on by the government for unspecified reasons.

Etisalat had been one of the companies bidding in the tender.

A landline monopoly, LIPTIC also owns majority stakes in the country's two mobile networks which were reclaimed from relatives of the former dictator, Muammar Gaddafi following his downfall.

It was not clear if the tender was for just the landline network, or included the two mobile networks as well.

On the web: Reuters

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Tags: Libya