Lebanon extends mobile operators contracts
- Lebanon: Sunday, March 03 - 2013 at 05:12
The Lebanon cabinet has decided to extend the contracts with mobile operators Alfa and Touch until the end of June and authorised the telecoms minister to prepare for a new tender, The Daily Star has reported. The bidding process will be open to international telecoms firms in addition to the two existing mobile operator, the cabinet said. The telecoms sector generates more than $1.6bn in revenues each year, $1.4bn of which goes to the treasury to reduce the budget deficit.
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