VOL. XLIV

No 42

15-October-2001

LEBANON

LebanonMandates HSBC To Advise, Manage GSM Tender

LebanonsMinistry of Telecommunications has chosen HSBC to advise and manage the sale ofthe two 20-year GSM licenses that will replace the currentbuild-operate-transfer (BOT) contracts of LibanCell and Cellis, HSBC spokesmanSteve Martin told MEES. Other competitors for the mandate were MerrillLynch, JP Morgan and McKinsey & Co. The mandate requires HSBC to valueexisting GSM assets, prepare the terms and...