Unitel pays up

Filed under: Communications, Yemen — by Jane Novak at 7:02 am on Saturday, October 7, 2006

The continuing saga

SANA’A, Oct. 05 (Saba) - Director of Media and Relations in telecommunication ministry Yasar Thamar said that the Unitel company,
third GSM operator,paid its financial obligations to the ministry.
In a statement to Saba, Thamar said that Unitel finalized legal measures to state its services as third GSM operator in Yemeni market
in accordance to agreement between the ministry and the company.
The ministry of telecommunication hopes that the entrance of Unitel would to the market would increase competition to offer best services for citizens.

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Pingback by Armies of Liberation » Blog Archive » Unitel Continued: Yemen’s Third Mobile Provider, HITS Telecom, Flakey

4/3/2007 @ 2:49 pm

[...] 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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