Syria, grappling with political
unrest, has delayed
bidding for the country's third mobile operator licence, bid
hopeful Saudi Telecom said on Wednesday.
Syria's telecommunication ministry has not set a new date
for the financial proposal, state-owned STC said.
STC submitted its technical proposal on March 30 and
financial bidding was due to close on April 27.
Syrian President Bashar Al Assad's troops are crushing
resistance in the southern city of Deraa where the revolt
against his autocratic rule began on March 18.
STC was one of five firms to qualify for the Syria licence
auction, along with Qatar Telecom, Turkcell, France Telecom and UAE group Etisalat. The latter two have dropped plans to bid.
Syria, with a mobile penetration of about 30 percent in
2007, launched a tender to sell the third mobile operator
licence last September. The two current cellphone operators in
Syria are South African company MTN and Syriatel,
mostly owned by Syrian businessman Rami Makhlouf.
STC faces increased competition from Etihad Etisalat
(Mobily) and Zain Saudi in its home market,
the biggest Arab economy.For all the latest tech news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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