Zain-led group to get Iran's third mobile licence

A consortium led by Kuwait's Mobile Telecommunications, Zain, will be awarded Iran's third mobile licence, ousting bid winner Emirates Telecommunications, Etisalat, the official IRNA news agency said.

Iran said in January that a consortium made up of Etisalat and Iran's Tamin Telecom had won an international tender for the licence.

But IRNA quoted the spokesman of Iran's Communications Regulatory Authority as saying on Monday the Etisalat-led group had "not fulfilled its obligations".