Lebanon Extends Orascom And Zain Deals

News: The Lebanese Ministry of Telecoms further extended the contracts of Orascom Telecom Lebanon and Kuwait-based Zain Group to manage state-owned mobile operators, Alfa and Touch, respectively. The contracts have been extended until end-December to allow time for new contracts to be approved, once the new cabinet is formed. The contracts were temporarily extended, earlier, to end-June and subsequently to end-September amid a political impasse.

This article is tagged to:
Sector: Telecommunications
Geography: Lebanon

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