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Wataniya, $356m Palestine deal
- Palestine: Sunday, September 17 - 2006 at 12:36
The Palestinian Ministry of Telecommunications and Information Technology has announced that Wataniya International was the highest bidder for the second Palestinian mobile licence. The company offered $356.7m as an upfront licence payment to install and operate a 2G/3G mobile telecommunications system. Wataniya International will now begin negotiations to finalise the licence terms and agree on the frequencies required to operate the network.
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Jonathan Sheikh-Miller, Deputy EditorSunday, September 17 - 2006 at 12:36 UAE local time (GMT+4)
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This article was updated on Sun Apr 22 2007.
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