Five said to be shortlisted for Saudi MVNO concessions

5 Apr 2013

Five operators are said to have been shortlisted for three mobile virtual network operator (MVNO) concessions in Saudi Arabia, according to TMT Finance, citing unnamed sources. ‘Virgin Mobile MEA, Malaysian consortium Tune Talk and a European company [are among the companies which] have been shortlisted for the licences. There’s also a strong rumour that Vodafone and Mexican operator America Movil have dropped out,’ said the source. The winning companies are expected to be finalised towards the end of April, with the concessions awarded on 4 May.