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Mubadala offered $400m licence
- United Arab Emirates: Saturday, January 13 - 2007 at 09:31
Abu Dhabi government's Mubadala Development Company has agreed to pay $400m for a unified telecommunications licence in Nigeria, Reuters reported. The package, which includes a GSM licence, is part of a bilateral agreement between Nigeria and the UAE, the Nigerian Communications Commission said in a statement. Unified system operators using the CDMA platform can offer roaming services across licenced areas, and compete with mobile firms using GSM.
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James McInerney, News EditorSaturday, January 13 - 2007 at 09:31 UAE local time (GMT+4)
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This article was updated on Mon Feb 05 2007.
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