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Etisalat would invest $500m in Libya network

  • United Arab Emirates: Wednesday, July 22 - 2009 at 08:55

Jamal al-Jarwan, chief executive of Etisalat's international unit, has said the company, which has bid for a fixed and mobile licence in Libya, would invest at least $500m in the network if it won the competition, Reuters has reported. 'We would need a new network and it will not be less than $500 million. That's the minimum to get started,' he told the news service.

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