The Libyan revolution destroyed an estimated $1bn in telecoms infrastructure, the new administration has yet to prove itself, and the country’s security has still not completely stabilised. Nonetheless, Etisalat, France Telecom, Vodafone, VimpelCom, Orascom, Q-Tel and Bharti Airtel, among others, have all expressed strong interest in either acquiring a new license in Libya or buying into an existing operator.
Libya announced Thursday that the country intends to privatise its mobile phone sector starting next week, as part of its wider economic reforms. The announcement was made by the son of Libyan leader Moamer Kadhafi, Seif al-Islam. At the inauguration of a national council for economic development, al-Islam said: “The two mobile phone companies, Al-Madar [...]