Algeria to close Djezzy purchase before 3G licensing

News Wireless Algeria 8 APR 2013
Algeria to close Djezzy purchase before 3G licensing
The Algerian government wants to complete its acquisition of Djezzy before launching 3G and 3G+ services, said ICT minister Moussa Benhamadi. Agence Ecofin reports that the government is ensuring that no operator is favoured by launching 3G before Djezzy. Under Algerian law, no company under receivership or undergoing a change in shareholder stucture is allowed to bid for a licence. The minister expects the government to close its purchase of 51 percent of Djezzy from Vimpelcom in around 2 weeks. Algeria originally called for 3G licence bidders in October 2011, hoping to launch services in the middle of 2012. It has announced the imminent launch of 3G several times since.

Categories:

Mobile

Companies:

Djezzy,  Vimpelcom

Countries:

Algeria

Tags:

Government telecommunications licensing, Voice services, Data services, 3G, Messaging, Wholesale, Consumer, Enterprise, HSPA, M&A buyouts & divestments

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