Emirates Telecoms wins Iran licence bid

Etisalat in Iran

Reuters - TEHRAN, Dec 22 (Reuters) - Iran said on Monday Emirates Telecommunications Corp ETEL.AD has won a tendering for the country's third mobile phone licence, the semi-official Fars news agency said.

"The Emirates Telecommunications Corp won the third operator licence tender in Iran," an unnamed source at the telecommunications ministry was quoted as telling Fars.

There are currently two mobile service providers in Iran -- state-controlled Iran Telecommunication Company (ITC) and MTN Group , sub-Saharan Africa's biggest cellphone operator.

The Abu Dhabi-listed Etisalat bid to tap a market with a mobile market penetration of less than 60 percent, where about half of the population of some 70 million people are under 25 years of age. Iran has over 28 million mobile phone users.

Fars said the result of the tender needed to be approved by Iran's minister of telecommunications. (Reporting by Tehran newsroom; Editing by Greg Mahlich)

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