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Wataniya II

Sector: Telecommunications • Location: West Bank and Gaza

Source: International Finance Corporation (IFC)

Project
Completed

Wataniya Palestine Mobile Telecommunications PLC (the “Company”), an existing IFC client and second mobile licensee in West Bank and Gaza, has asked IFC to assist it in arranging a US$125 million debt facility to finance the Company’s continued expansion in the West Bank and Gaza along with refinancing an existing debt facility (the “Project”). The Company launched its operations in the West Bank

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Project Information

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The project “Wataniya II” is an infrastructure initiative in the Telecommunications sector, located in West Bank and Gaza. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

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completed

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Description

Description

Wataniya Palestine Mobile Telecommunications PLC (the “Company”), an existing IFC client and second mobile licensee in West Bank and Gaza, has asked IFC to assist it in arranging a US$125 million debt facility to finance the Company’s continued expansion in the West Bank and Gaza along with refinancing an existing debt facility (the “Project”). The Company launched its operations in the West Bank in November 2009 and has reached 465,000 subscribers, as of December 31, 2011. The project would result in the Company’s capacity to serve more than 2 million subscribers and could result in 3G services being offered for the first time in the West Bank and Gaza.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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