Tunisiana Acquires 3G and Fixed-Line Licenses for $132 Million

Tunisiana, the Tunis-based unit of Qatar Telecom QSC (QTEL), acquired licenses to operate 3G and fixed- line networks in the North African country, the Ministry for Information Technologies and Communications said.

The company will pay 205 million Tunisian dinars ($132 million) for the rights, the ministry said in a faxed statement.

To contact the reporter on this story: Jihen Laghmari in Cairo at jlaghmari@bloomberg.net

To contact the editor responsible for this story: Digby Lidstone at dlidstone@bloomberg.net

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