Orascom management contract in Lebanon extended

Orascom Telecom has signed a one-year extension to its ongoing management contract to operate Lebanese mobile network, Alfa. The contract, signed with the Lebanese telecom ministry will run until February 1, 2012.

The Lebanese government owns the country’s two mobile networks and signs management concessions with outside companies. It has been trying to sell the networks for a number of years, but political strife in the country has prevented parliament from passing the necessary laws.