The CEO of Etisalat, UAE's top telecommunications service provider had reported that Libya halted the tender of the country's telecommunications operations. Etisalat has the inside track to land the management contract of the Libyan Post, Telecommunication and Information Technology Co.
According to Ahmad Julfar, "From their side, the government has put it on hold. We are yet to hear from them but Libya is a good market."
Libya's two other mobile operators, Al Madar and Libyana are subsidiaries of LIPTITC. The state owned monopoly is also the operator of the country's main internet services provider due to the insulation and isolation brought about by the late Muammar Gaddafi's over four decade hold on leadership in the country.
The grant of the management contract is a preparation to privatization, according to many analysts and this may result in sale of the monopoly's assets. As for Julfar and Etisalat, it is unclear if this includes all of the subsidiaries of LIPTITC.
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