Company Lookup
Download Demo

Market News

This Month News

This Month News

send to a friend by email

Iran gives ZAIN a permit for operating the third cellular telephone network


Gulf Daily News-TEHRAN: Iran has given a consortium led by ZAIN the country"s third mobile license, stripping it from Etisalat. A spokesman for Iran"s Communications Regulatory Authority said that Etisalat and Iran"s Tamin Telecom, which won the tender in January, had not fulfilled its obligations. "With the elimination of Etisalat"s consortium from the third operator project, ZAIN consortium which was the runner-up in the bidding, takes over the project" Mohammad Reza Farnaqi said. Iranian telecommunications minister Mohammad Soleimani said Etisalat was removed after failing to submit "the necessary collateral and payments of the license fee on the appropriate time. A ZAIN spokesman said the company was arranging talks with Iran about the license. Etisalat confirmed that it was no longer the winner of the license, but said it would "carefully review its options".



Scarce liquidity in the PEX and 3G mobile networks in the West Bank by the end of January

launching 3G mobile networks in the west bank by the end of January

Relative quietness in the PEX with the increasing anticipation for the annual disclosures

WATANIYA discusses raising its paid-up capital to $293 million

The PEX opens the year 2018 in optimism

The PEX modifies AL-Quds Index composition for the year 2018



Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013