26 November 2005
Beirut (APD) - As part of its plans to expand its subscriber base, Libyana Mobile Phone signed a $40 million deal with Chinese-based Hawawi Technologies who will provide and assemble telecommunication equipments, a company official said.
Beirut (APD) - As part of its plans to expand its subscriber base, Libyana Mobile Phone signed a $40 million deal with Chinese-based Hawawi Technologies who will provide and assemble telecommunication equipments, a company official said.
"This deal will allow us to expand our subscriber based by another 1 million clients in the near future," CEO Muhammed Bin Ayad told Reuters this week.
At present, Libyana has 186,000 Libyan subscribers.
Earlier this year, Libyana signed a $200 million deal with Nokia and Alcatel, to expand its network to 2.5 million phone lines.
Libyana Mobile Phone's main and only competitor is Madar, which is another state-owned mobile company. Both GSM operators have been competing to increase their market shares. [NI-FC]
© APD (Arab Press Digest) 2005
