FINANCIAL NEWS

Qatar’s Ooredoo hits out at prices, 3G licenses

05 Mar 2014

(MENAFN) Qatar’s Ooredoo has hit out at prices quoted by the Iraqi government as an auction for 3G spectrum licenses has been delayed, according to Arabian Business.

Bidding for the licenses is planned to start at a minimum of about USD300 million.

Operators in the country, including Ooredoo and Zain Iraq, have previously shelled out around USD1.25 billion each for 2G-services licenses seven years ago.

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