Zain, Asiacell receive favourable schedule for license payments (Iraq)

On 03.03.10, In Mobile, By Editor

www.WirelessFederation.com/news: More favourable terms have been provided to Iraqi mobile operators Zain and Asiacell for paying their government license fees, in exchange for a pledge to improve services.

The services of the companies will be monitored for a year by the government and after meeting the service standards the balance of the fees due over five years can be paid by them.  Zain and Asiacell have already paid USD 625 million each of the total licenses cost of USD 1.25 billion.

Last year the government slapped fines totaling more than USD 20 million dollars on Zain, Asiacell and the third operator Korek for poor service and for not honoring contracts.

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FDI in Ecuador reaches US$974Mn, reports ECLAC

On 06.03.09, In Mobile, By Editor

www.WirelessFederation.com/news: Economic Commission for Latin America and the Caribbean (ECLAC) has reported that direct foreign investments (FDI) in Ecuador reached USD 974 million. The licence renewal negotiations between regulator Senatel and domestic mobile phone operators have decided to invest a minimum amount of USD 700 million in the telecoms sector over the next 15 years. Of which, Movistar will pay EUR 220 million, while Porta’s contribution has been set at USD 480 million. The study indicates that the investment made by the America Movil’s subsidiary Porta and Telefonica’s mobile unit Movistar to renew their concessions managed to offset the drop in FDI flows in natural resource sectors and other public utility markets.

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Number Portability in Ecuador by 12 Oct

On 04.13.09, In Mobile, By Editor

www.WirelessFederation.com/news: Telconet and Systor Tronheim have inked the number portability database administrator contract with Ecuadorian telecommunications ministry Senatel and mobile operators Movistar, Porta and Alegro. The subscribers can port their number for free twice a year. The subscribers will be charged ECS 7 for number portings.

Senatel will roll out simulation tests at end-July and commercially launch the number portability system in Ecuador on 12 October, Telecommunications Secretary Jaime Guerrero reportedly said.

Both Telconet and Systor are anticipated to invest USD 10-60 million to implement the number portability database, estimated to serve around 11 million mobile subscribers in Ecuador.

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Movistar inks mobile concession contract with Senatel

On 11.24.08, In Mobile, By Editor

Movistar has inked new concession contract with Ecuador’s National Telecommunications Secretariat (Senatel) for the provision of advanced mobile services across the country. The agreement is of 15 year, with a value of the concession rights estimated to reach USD 203 million. The concession granted by the Ecuadorian state covers the provision of advanced mobile services for a period of 15 years, starting with 30 November. The essential frequencies of 25 MHz in the 850 MHz band and 10 MHz in the 1900 band are covered in concession. Under this agreement, Movistar will have to pay an initial down payment of USD 60 million at 30 November, followed by an additional amount of EUR 30 million to be paid within a year and payments indexed to the annual income of the operator during the 15-year concession.

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