Management contract process suspended in Libya

The Libyan government has stopped a process to award a management contract for its state-owned telecom network, the Libyan Post, Telecommunication and Information Technology Co (LIPTIC).

Citing Etisalat’s CEO, Ahmad Julfar, Reuters reported that the tender had been put on hold by the government for unspecified reasons.

Etisalat had been one of the companies bidding in the tender.

A landline monopoly, LIPTIC also owns majority stakes in the country’s two mobile networks that were reclaimed from relatives of the former dictator, Muammar Gaddafi following his downfall.

It was not clear if the tender was for just the landline network, or included the two mobile networks as well.