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Jul 21 2005

Médi Télécom to Start Offering Its New Fixed-Line Phone Services in October

Cairo (APD) - Médi Télécom, the recent winner of Morocco second fixed-line phone license, said it will start offering its new services next October for companies and early next year for the public, the pan-Arab daily, Asharq al-Awsat reported Thursday.

Médi Télécom has dealt a blow to its rival Maroc Telecom, the sole provider of fixed lines telephony in Morocco with 1.3 million fixed lines, after it won the new generation of fixed-line phone license in the North African country of Morocco.

Maroc Telecom, in which Vivendi Universal of France has a 51% stake, was not allowed to participate in bidding for the second fixed-line phone license. The bitterness of Maroc Télécom comes as it wished any other bid would be accepted except the bid from its rival Médi Télécom.

Othman Banjlon, president of Médi Télécom, said that the required investments for reaching out with the fixed-line services to the Moroccan cities could reach up to 5 billion dirhams ($556 million) between the year 2005 and 2009.

He added the network will start at the beginning with covering Casablanca, al-Rabbat then gradually expand north to reach Tanja, then reach south to Marakesh and Agadir, and finally reach east to Faz and Wajda. By the year 2009, the most important 9 Moroccan cities will be covered by the optic fibers network.

Banjlon added that the company plans to be listed on Casablanca bourse by end of 2006.

Agence Nationale de Reglementation des Telecommunications has tendered last February for the fixed-line phone license. A total of 33 companies have expressed their interest and withdrew the license's conditions but only the three companies have submitted their bids.

The three bids came from: Maroc Connect , Egypt's Orascom Telecom Holding, who was bidding for the first time in its history for a fixed-line phone license, in addition to Medi Telecom, a subsidiary of Telefonica of Spain and Portugal Telecom, which already operates the second mobile license in Morocco.

However, the bids from Médi Télécom and Maroc Connect were short listed but Medi Telecom won the license after presenting a bid worth 75 million dirhams ($8.3 million), compared to 50 million dirhams ($5.5 million) bid from Maroc Connect . [FC]

© APD (Arab Press Digest) 2005

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