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Lebanon unlikely to privatise telecoms sector
- Lebanon: Sunday, January 27 - 2013 at 05:18
Business Monitor International (BMI) has said the new proposal by Lebanon's telecoms ministry to restructure the country's mobile phone sector would leave little or no room for privatisation of this lucrative sector in the future, The Daily Star has reported. "The telecoms ministry's proposed structure for Lebanon's mobile phone sector would meet the government's revenue targets, but is not likely to stimulate innovation or raise the usage of telecoms services in the country," BMI said. The government's decision to retain control of the sector is attributed to its need to secure revenues from telecoms services, it noted. State-owned operators Touch and Alfa posted total revenues of about $1.6bn in 2011, of which $1.4bn were directly transferred to the government, the report said.
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