Kuwait’s Mobile Telecommunications Company, Zain, expects to qualify for the bid for a mobile phone licence in Lebanon.

Kuwait’s Mobile Telecommunications Company, Zain, expects to qualify for the bid for a mobile phone licence in Lebanon.

Meanwhile, the Lebanese government is planning to sell twothirds stake in two state-owned mobile phone companies, Alfa and MTC Touch, through auction in April 2008. The government expects to raise up to $7 billion through the sale of stake.