VOL. XLV

No 11

18-March-2002

TUNISIA

Orascom Telecom Wins Tunisia GSM License

The TunisianTelecommunications Ministry announced on 9 March that it had awarded a tenderfor the operation of the country痴 second GSM network to Egypt痴Orascom Telecom (OT), beating off bids from Spain痴Telefonica Moviles and Kuwait痴National Mobile Telecommunications. OT will pay $454mn for the license, split intotwo tranches of $227mn and the network is expected tobecome partially operable within six months of the...