LiberCell ordered to suspend operations over unpaid tax bill

Liberia mobile network, LiberCell has been ordered to close its services by the country’s tax courts for reportedly failing to pay license fees.

The company, which is 30 per cent, owned by Kuwait’s Hits Telecom is said to owe US$1.5 million in licence fees, and will remain closed until the debt is settled.

Citing local reports, Bloomberg News said that court documents have been delivered to the doors of the company’s head office in Monrovia.

LiberCell’s CFO said that they are seeking the funds from the parent company and expect to settle the debt within the next few days.

It was reported in August 2010 that Hits Telecom was looking to increase its stake in the company to a majority stake.