Monday, January 12, 2009

Bahrain - STC the sole bidder

Saudi Telecom only bidder in Bahrain mobile licence

Saudi Telecom 7010.SE (STC) is the only bidder for Bahrain's third mobile licence, the kingdom's telecoms regulator said on Monday.

A total of four firms had registered for the licence auction, but STC was the only company which bid before Sunday's deadline expired, the Telecommunications Regulatory Authority (TRA) said in a statement.

The regulator did not name the other three companies.

The TRA plans to open the financial bid on Jan 22, but only once it had established whether or not STC's bid had passed the technical requirements, it said.

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