Wataniya Palestine allocated spectrum to start operations of its mobile network

July 29, 2008

1 Min Read

DOHA, Qatar -- Wataniya Palestine Mobile Telecommunications Company (WPT) and its shareholders Wataniya Telecom (National Mobile Telecommunications Company – NMTC; 51% owned by Qatar Telecom QSC (Qtel)) and the Palestine Investment Fund (PIF) are pleased to announce receipt of an official communication from the Palestinian Ministry of Telecommunications and Information Technology (MTIT) confirming that an agreement has been reached for spectrum to be allocated to the Palestinian National Authority (PNA).

The spectrum agreement, which provides for a staged release of radio frequencies over the next several months, meets key requirements to enable construction and commercial launch of WPT’s mobile network. The released spectrum frequencies will be allocated by the PNA to WPT, which was established in December 2006 as a joint venture between Wataniya Telecom and the PIF.

Commenting on this development, the Chairman of Qtel and Wataniya Telecom, His Excellency Sheikh Abdullah Bin Mohammed Bin Saud Al Thani said “WPT represents one of the most significant foreign investments in the history of Palestine. Despite delays in securing the required frequencies, Wataniya Telecom and Qtel have always been fully committed to this venture. We look forward to launching commercial operations in Palestine and we are very confident that WPT will be a success story that will attract other foreign investors to the Palestinian market.”

Wataniya Telecom

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