Kuwait’s Telecom giant Zain bids for mobile operator license in Libya.

Kuwait’s Zain Group has officially requested a mobile operator license in Libya, sources said, adding that official approvals may take time due to political developments in the North African country, according to media news.

[tbpspa]

The group’s management is greatly interested in the North African markets, as they have available opportunities that best suit Zain’s expansion strategy in the coming period, especially after its markets of operations became fully saturated, the sources stated.

In June, 2010, Bharti Airtel had announced completing its $9 billion acquisition of Zain’s African operations in a deal that makes the Indian firm the world’s fifth biggest cellphone company by subscribers.

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