Tuesday, July 31, 2012

Court closes door on Libercell for failure to stump up licence fees

Liberian mobile operator Atlantic Wireless (Libercell), majority owned by Kuwaiti based African investment vehicle HiTS Telecom Holding, has been ordered to close by the country’s tax court, for its failure to pay its licence fees. The cellco owes the government around USD1.5 million in unpaid fees and has been shut down until it clears its debts. Libercell CFO Abdallah Sbeiti says that talks are under way with HiTS Telecom’s African holding firm to have the monies sent and could take about three days.


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OVETEL Court closes door on Libercell for failure to stump up licence fees

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