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Last update - 00:00 24/10/2007
Kuwaiti mobile company wins Israel frequencies to operate in PA
By Reuters
Tags: Israel, mobile service 

Kuwait's National Mobile Telecommunications Co. (Wataniya) has won Israeli frequencies to operate in the Palestinian territories, the Palestinian telecommunications and economy minister said on Wednesday.

Kamal Hassouneh said Israel's Communications Ministry had no objection to
g
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iving Wataniya, now controlled by Qatar Telecommunications Co, frequencies required to start operating a second Palestinian mobile phone network.

"We have been demanding that Israel grant the frequencies needed for
Wataniya for a long time. Israel gave its verbal consent," Hassouneh said, adding that Israel must grant frequencies under the Oslo peace accords.

There was no immediate comment from Wataniya in Ramallah.

A spokesman for Israel's Communications Ministry also had no immediate
comment.

Hassouneh said Wataniya was ready to start operating immediately after
getting the frequencies.

In December, Wataniya signed a deal with the Palestine Investment Fund
(PIF) to set up the firm. Under the deal, Wataniya will own 40 percent of the firm, while PIF will hold a 30 percent stake. The rest will be offered to Palestinian investors in an initial public offering.

In September, Wataniya was awarded the license to build and operate the
second Palestinian mobile telecommunications service, with a bid of 251
million Jordanian dinars ($354.3 million).

Wataniya had said the licence would allow for building and operating a GSM network and provide public mobile voice and data telecoms services in the Palestinian Territories. It would also provide for setting up and operating a high-speed third generation (3G) network.

Wataniya Telecom, the smaller of two mobile phone firms in Kuwait, has
operations in Iraq, Tunisia, Saudi Arabia, Algeria and the Maldives.

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