The government of Mali had granted a mobile operator license to a consortium, the Planor-Monaco Telecom International Group - making it the third mobile network operator in the country.
Monaco Telecom is the technical partner in the consortium, which operates through the Malian company, Alpha Telecom Mali, which is understood to be controlled by the local businessman, Apollinaire Compaoré, who owns Télécel Faso in Burkina Faso, and is a shareholder in MTN Côte d'Ivoire.
The consortium paid US$105 million for the 15-year license, which had been expected to be awarded late last year.
The country is currently in the news for other reasons, due to the Islamist civil war in the north of the country and the recent intervention of the French military in that conflict.
The two existing operators are France Telecom-Orange and Maroc Telecom's Malitel.
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