UAE's Etisalat scrapped plans to bid for Syria's third mobile license, Middle East Economic Digest (MEED) said on its website, in the latest blow to the firm's drive to expand its Middle East footprint.
Etisalat is unhappy with the 25 percent revenue share demanded by Syria, London-based MEED said, citing anonymous sources close to the deal.
Etisalat was not immediately available for comment. The bid would have been worth a minimum of $122 million, MEED said.
No comments:
Post a Comment