Privatisation decision this month

26 Sep 2008

By the end of this month Lebanon’s new ‘national unity’ Cabinet is expected to decide whether to proceed immediately with the privatisation of the country’s two mobile phone networks, or wait until after the next parliamentary elections, scheduled for May 2009, reports Middle East Business Intelligence (MEED), quoting the chairman of the Lebanese Telecommunications Regulatory Authority (TRA), Kamal Shehadi. The two state-owned networks, named MIC1 and MIC2, are managed under the respective brands Alfa, a joint venture of Deutsche Telekom subsidiary DeTeCon and Saudi Arabia’s FAL Holdings, and MTC Touch Lebanon, a subsidiary of Kuwait’s Zain Group. In July, Gilbert Najjar, the Ministry of Telecommunications (MoT) official overseeing the privatisation, told MEED that he was negotiating an extension of both management contracts for a further year to November 2009.

Lebanon, Alfa (MIC 1), Touch Lebanon (MIC 2)