GSM Agreement Signed [Archives:2000/31/Local News]
July 31 2000
Licensing of the GSM mobile phone project was signed here last Saturday (July 29) between Eng. Ahmed Al-Aansi, Minister of Telecommunications and Mr. Hameed Abdulla Al-Ahmer, Chairman of Sabaphone Management (SM). It is understood that SM is composed of Al-Ahmer Trade & Industry Complex, Egyptian Telecommunications Orascom Co., Hellenic Telecommunications Helascom and the Consolidated Contractors Company. It is expected that the service shall resume in Sana’a four months after the signing of the license. Initial year investment is $50m to reach $130m during the next four years.
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