Home >> More Regulatory news >> This Article

Libya to Offer a Third Mobile Network License

Published on:

Note -- this news article is more than a year old.

Libya is expected to issue a third mobile operator license with three to six months in an effort to shake up the state owned duopoly of Libyana and Al Madar.

The government wants to decrease its hold on the telecommunications sector to "get the private sector more involved, whether local or foreign," the country's ICT Minister told Bloomberg News.

Talks with the economy ministry and its affiliated investment authority aim to make the license "attractive to the entrant," Siala said, without elaborating.

The previous government attempted to auction off a third license in 2009, but that tender was cancelled.

Following the downfall of the former dictator, Colonel Gaddafi, the new government seized back the stakes in the two state-owned networks which had been controlled by the Gaddafi family.

On the web: Bloomberg News

Sign up for our free email news alerts

Sample Copy

Tags: Libya