http://armiesofliberation.com/archives/2006/07/08/omantel-dissatisfied-apologizes-for-bid/ Jane Novak's blog about Yemen Sat, 05 Jul 2008 21:58:59 +0000 http://wordpress.org/?v=2.5.1 http://armiesofliberation.com/archives/2006/07/08/omantel-dissatisfied-apologizes-for-bid/#comment-699108 State of Telecom Industry in Pakistan » OmanTel eyes Pakistan Telecom market….. Wed, 20 Jun 2007 18:28:02 +0000 http://armiesofliberation.com/?p=2479#comment-699108 [...] - Yemeni adventure: This is NOT the first time that OmanTel has flexed its muscles. However, their Yemen affair turned sour and they decided to bow out of the third GSM license. UNITEL, a combination of Yemeni and Chinese partners, in addition to some Gulf state investors, came in first in the bid for US$ 149 Millions as license fees, against US$ 100 Millions by the Omanis.May be they feel its time to get up, brush off the dust and saddle up again.  [...] [...] - Yemeni adventure: This is NOT the first time that OmanTel has flexed its muscles. However, their Yemen affair turned sour and they decided to bow out of the third GSM license. UNITEL, a combination of Yemeni and Chinese partners, in addition to some Gulf state investors, came in first in the bid for US$ 149 Millions as license fees, against US$ 100 Millions by the Omanis.May be they feel its time to get up, brush off the dust and saddle up again.  [...]

]]> http://armiesofliberation.com/archives/2006/07/08/omantel-dissatisfied-apologizes-for-bid/#comment-554394 Armies of Liberation » Blog Archive » Unitel Continued: Yemen’s Third Mobile Provider, HITS Telecom, Flakey Tue, 03 Apr 2007 16:38:30 +0000 http://armiesofliberation.com/?p=2479#comment-554394 [...] Background: In November 2005, UNITEL signed a new agreement with the Ministry of Telecommunications and Information Technology which grants it priority in operating the third GSM company in Yemen. Unitel was a product of China Mobile Telecommunications Corp. and a group of Yemeni and Arab businessmen. The agreement is valued at USD149 million. UNITEL initially failed to pay the USD149 million to the Yemeni governments. In July, second highest bidder, Omantel, declined to resubmit its offer of USD 100 million, telling Elaph website that it was dissatisfied with the Yemeni governments handling of the UNITEL transaction. The Saudi-based House for Integrated Technology Systems and UNITEL merged to form HitsUnitel. Later in October of 2006, UNITEL reportedly paid the debt and is on track to establish the company. HITSUNIEL reportedly increased its capital to USD190 million during its first meeting in January 2007 and will be managed by Damascus-based Syriatel Mobile Telecom under the chairmanship of Nader Al Kalai, Syriatel’s chief executive. The company expects to operational by mid 2007. [...] [...] Background: In November 2005, UNITEL signed a new agreement with the Ministry of Telecommunications and Information Technology which grants it priority in operating the third GSM company in Yemen. Unitel was a product of China Mobile Telecommunications Corp. and a group of Yemeni and Arab businessmen. The agreement is valued at USD149 million. UNITEL initially failed to pay the USD149 million to the Yemeni governments. In July, second highest bidder, Omantel, declined to resubmit its offer of USD 100 million, telling Elaph website that it was dissatisfied with the Yemeni governments handling of the UNITEL transaction. The Saudi-based House for Integrated Technology Systems and UNITEL merged to form HitsUnitel. Later in October of 2006, UNITEL reportedly paid the debt and is on track to establish the company. HITSUNIEL reportedly increased its capital to USD190 million during its first meeting in January 2007 and will be managed by Damascus-based Syriatel Mobile Telecom under the chairmanship of Nader Al Kalai, Syriatel’s chief executive. The company expects to operational by mid 2007. [...]

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