Mena in frame for Bahrain's third mobile licence

Telecom firm's chairman confirms interest, seeks international partner.

  • E-Mail
By  Frederik Richter Published  October 22, 2008

Bahrain-based telecommunications firm Mena Telecom is interested in the country's third mobile telephone licence to be auctioned by year-end, its chairman said on Wednesday.

"Technically we're ready, we just have to ally with an international partner," Abdul-Hakeem al-Khayyat told reporters, without giving details on the sought partner.

Mena Telecom is an investment subsidiary of Islamic lender Kuwait Finance House, Kuwait's largest lender by market value.

Bahrain has two mobile telephone operators; Bahrain Telecommunications Co (Batelco) and Kuwait's Mobile Telecommunications Co (Zain).

Four companies have registered with Bahrain's Telecommunications Regulatory Authority for the third licence. The winner will be announced in December. (Reuters)

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code