Etisalat looks to expand into Libya

14 Feb 2012

UAE-owned telco Etisalat has indicated that it is interested in entering the Libyan telecoms market, reports Reuters. Etisalat chairman Mohammad Omran said: ‘We have shown to the Libyan government our interest … in the development of the telecoms market in Libya, either by [purchasing] a new licence or even by operating or investing in one of the existing mobile licences.’ Etisalat has not yet begun official discussions with the Libyan government, however.

According to TeleGeography’s GlobalComms Database, there are three operational cellcos in Libya though the most recent entrant, state-owned LibyaPhone Mobile was believed to have a market share of less than 1% at the end of September 2011. At that date Libyana and Al Madar Telecom represented 66.4% and 33.2% of the country’s 10.5 million wireless subscribers respectively.

Libya, Etisalat UAE