New telecom company to receive licensing in 2021

Currently there are only two telecom service providers in the Maldives | Photo: Mihaaru

Male’, Maldives – The Finance Minister of Maldives Ibrahim Ameer has revealed that the government of Maldives has decided to issue licensing for a new telecommunication service provider in the country.

Speaking at the Parliament regarding the proposed budget for the year 2021, Minister Ameer said that the budget of the upcoming year includes charging a frequency spectrum charge and that a new telecom operator license will also be open for issuing. With this, the government expects an additional MVR 300 million to be received in addition to the budget.

Detailing the information regarding a new telecom operator, Minister Ameer said that the tender for licensing a new telecom operator will be opened during early 2021.

With this, Maldives will have three telecom operators in the country, including the existing companies, Dhivehi Raajjeyge Gulhun (Dhiraagu) and Ooredoo Maldives.

This is likely to diversify and bring positive changes to the service available in the country as well as the prices, as competition in the market increases.