0
Wireless

Planor sued by intermediary over Alpha Telecom licence deal

Tuesday 8 July 2014 | 11:41 CET | News
Planor International, the parent company of the winner of Mali's third mobile licence with Alpha Telecom, has been sued in the commercial court of Bamako by Societe Ouest-Africaine de Developpement (Soda) for breach of contract, according to Malian press reports. According to Soda, Planor sought its services as an intermediary with the government to help it secure its licence. Under the terms of an agreement signed in April 2012, Soda should have been paid 10 percent of the licence price, or XOF 5 billion. A later agreement between the two parties converted the payment to a 10 percent stake

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Alpha Telecom Mali
Countries: Mali
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Speedcast signs contract to provide satellite backhaul to Alpha Telecom Mali

Published 26 Feb 2018 11:15 CET | Mali
Communications and network service provider Speedcast has announced that it won a contract to provide satellite mobile backhaul ...

Mali amends Atel mobile licence terms, tax status

Published 13 Mar 2016 19:58 CET | Mali
The government of Mali has amended the terms and conditions of mobile operator Atel (Alpha Telecom Mali), which holds the ...

Mali to license fourth mobile operator

Published 07 Feb 2016 18:41 CET | Mali
The government of Mali is preparing to launch a tender for the country's fourth mobile licence. The government aims to award the ...

Alpha Telecom Mali signs loan guarantee for network rollout

Published 20 Jul 2015 10:54 CET | Mali
Alpha Telecommunication Mali (Atel Mali) has signed a XOF 4 billion guarantee agreement with the African Guarantee and Economic ...

Alpha Mali signs USD 16 mln loan to build network

Published 17 Apr 2015 08:21 CET | Mali
The West African Development Bank (BOAD) has granted a XOF 10 billion (USD 16.31 million) loan to Mali's third global telecom ...

Mali could license 4th mobile operator from end-2015

Published 07 Apr 2015 10:32 CET | Mali
Mali could launch a fourth mobile licence tender at the end of the year, when Alpha Telecom's exclusivity arrangement runs out, ...

Alpha Telecom signs contract for Mali's third mobile licence

Published 17 Feb 2013 19:12 CET | Mali
Planor group company Alpha Telecom and its partner Monaco Telecom International signed the contract for Mali's third mobile phone ...

Planor-Monaco Telecom receives licence in Mali

Published 24 Jan 2013 09:29 CET | Mali
The Mali government has granted the country's third mobile licence to the consortium Planor-Monaco Telecom International Group ...

Monaco Telecom wins contract from new Malian operator

Published 17 Sep 2012 12:00 CET | Mali
Monaco Telecom is entering Mali as a telecom services supplier to the country's third operator, through its Alpha Telecom Mali ...