August 17, 2007
Iraq launches sale of mobile phone licences
Iraq launched the sale of three licences to operate mobile phone services on Thursday in a country where millions of Iraqis rely on their cell phones after war and sanctions hit the landline network. Reuters reports.
"Iraq set a starting price of $300 million for the 15-year mobile licences which five consortiums are bidding for at an auction in the Jordanian capital, officials said.
Mobile phone service is one of the few sectors thriving on Iraq's instability and crumbling infrastructure."
Iraq launched the sale of three licences to operate mobile phone services on Thursday in a country where millions of Iraqis rely on their cell phones after war and sanctions hit the landline network. Reuters reports.
"Iraq set a starting price of $300 million for the 15-year mobile licences which five consortiums are bidding for at an auction in the Jordanian capital, officials said.
Mobile phone service is one of the few sectors thriving on Iraq's instability and crumbling infrastructure."
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