Africa & Middle East Telecom weekly news

May 22nd to May 29th 2008

BAHRAIN:
Government to fund Batelco foreign expansion through stake sale
TRA on look out for consultant for third mobile licence award

EGYPT:
Raya posts reduced 1Q 2008 net profit

IRAQ:
Korek to invest USD 400 million for GSM network expansion In Iraq

ISRAEL:
Alvarion to provide BreezeMAX solution to Metranet
BATM bags supply contract
Bezeq announces 1Q 2008 results
Discount reduces stake to 50.7 percent in Cellcom Israel
Pelephone establishes core of new network

KENYA:
Safaricom 3G service here - finally!!

KUWAIT:
USD 1.2 billion loan for Zain Group

MAURITIUS:
Mauritius Telecom posts 7.5 percent increase in annual net profit

MIDDLE EAST:
Middle East firms interested in Videocon venture

MOZAMBIQUE:
mCel to sell stake through an IPO

NIGERIA:
11 advisory firms shortlisted for NITEL/Mtel privatisation proceedings
Globacom to commission Optic Fibre Link soon

OMAN:
Omantel to sell 25 percent stake by year-end
Omantel, Belgacom to jointly invest in Europe-India fibre optics gateway

PALESTINE:
Wataniya receives details of spectrum allocation

QATAR:
Qtel looking for investment options in India
Vodafone Qatar to pay licence fee of USD 2.12 billion for second mobile licence

SAUDI ARABIA:
Saudi Telecom extends international pre-paid roaming agreements

SOUTH AFRICA:
Bharti-MTN acquisition talks end; RCom joins the race
MTN to restructure capital
Vodacom posts improved annual 2008 results

UGANDA:
UTL nears network expansion completion

UNITED ARAB EMIRATES:
Etisalat, Tata Communications to jointly provide Ethernet services