Sale planned for Libyan cellcos

26 Feb 2007

The government of Libya is planning to privatise the country’s two cellular operators, both of which are wholly owned by the state via fixed line monopoly General Post and Telecommunications Company (GPTC). It has not been announced how much of each company will be sold or how the privatisation will take place. Libya is home to an estimated 2.2 million mobile users, with the market split between Al Madar Telecomm Company and Libyana.