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Iran to license a third mobile operator Print E-mail
Wednesday, 27 August 2008

On August 25, Iran invited bids from operators to become the country’s third mobile operator.

Iran’s two existing operators are state-owned Iran Telecom and Irancell, 49% owned by MTN Group.

"The invitation to take part in the tender will take place through mass circulation newspapers from August 25 to September 4. The sale of tender documents will take place on September 6," IRNA, Iran’s news agency said, quoting Saeed Mahdiyoun, the official responsible for setting up the third mobile network.

The government’s advisor on the licensing process is Millennium Finance Corporation (MFC), an investment bank created by a group representing a number of investment banking firms in partnership with Dubai Islamic Bank.

"The foreign consulting firm will have responsibilities that include marketing, encouraging investors to participate in the tender, cooperating in the evaluation and determining the qualification of participating companies," the report said.

Source: Reuters - WDR/Intelecon Regulatory News.