Zain Runs Lebanese Network

Has made a successful tender to continue managing one of Lebanon’s two mobile operations

January 13, 2009

1 Min Read

BEIRUT -- Zain Group, the leading mobile telecom company in 22 countries across the Middle East and Africa, announced today that it has made a successful tender to continue managing one of Lebanon’s two mobile operations, MIC2 branded as mtc touch, for an additional year commencing February 1, 2009, extendable for one year as per the new management agreement terms set by the Lebanese Ministry of Telecommunications.

By offering the most competitive price to run the network, Zain, through mtc touch in Lebanon, is committed to increase its customer base by an additional 400,000 as part of a rapid and committed government-funded expansion plan. Currently mtc touch has over 800,000 active customers.

Commenting on the successful tender, Dr Saad Al Barrak, Chief Executive Officer of Zain, stated, "We are delighted to have won and look forward to consolidating the commitment to Lebanon we started more than four and half years ago. We look forward to the privatization of the mobile sector and are hopeful that we can secure a long term license to operate in this promising country.”

In June 2004, Zain commenced a 4-year agreement with the Lebanese government to manage one of the country’s two existing mobile networks (Mobile Interim Company 2 – MIC2). In November 2004, the operation was branded as mtc touch and today it is the only one of Zain’s 22 operations not owned by the Zain Group.

Zain Group

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like