Tag Archives | Korek

Govt demands Asiacell & Korek Relocate to Baghdad

By John Lee. Mobile phone operators based in Iraqi Kurdistan have reportedly been told by the Iraqi government to move their headquarters to Baghdad, following the region’s recent vote for independence. Asiacell is based in the Kurdish city of Sulaymaniyah, while Korek is based in Erbil; Zain, however, is based in Baghdad. According to a […]

RFI for Mobile Number Portability Database

The Iraqi Communications and Media Commission (CMC), in its capacity as the sole entity responsible for regulating telecommunications, broadcasting and information Services in Iraq, is initiating the process of launching the Mobile Number Portability service (MNP). In line with their respective obligations, Asiacell, Korek and Zain, the three Iraqi mobile telecommunications operators, are initiating the […]

Iraq Seeks Fourth Mobile Telecom Provider

By John Lee. Iraq has invited interested companies to submit proposals to run a fourth mobile phone service in the country. The state-run Communication and Media Commission (CMC) said the planned license will run for 15 years, with the possibility of renewal. Interested companies have until 20th November to submit papers. Iraq’s existing three mobile […]

Zain Iraq Shares Jump on ISX Debut

By Simon Kent. Zain Iraq is now listed on the Baghdad stock exchange, some 4 years after the company was required to do so under the terms of their market entry to Iraq, Reuters reports. Analysts such as Hassan Aldahan, chairman of Baghdad investment company Bain Alnahrain, explained that the 50% rise on share value was artificially […]

Court Dismisses $4.5bn Claim Against Zain

By John Lee. An Iraqi court has reportedly rejected a $4.5-billion (5.4 trillion Iraqi dinar) lawsuit against Zain. The case centers around Zain’s $1.2-billion acquisition of Iraqna from Egypt’s Orascom Telecom in December 2007, after the Egyptian company dropped out of the running for a long-term mobile licence. According to Reuters, the Kuwaiti firm then […]

Zain to Launch 3G by Jan

By John Lee. Zain Iraq is to launch its 3G mobile phone services in January. Reuters reports that Zain, along with rivals Asiacell and Korek, eventually agreed to the government’s terms and formally signed the contracts at a ceremony in Baghdad on Monday attended by prime minister Haider al-Abadi. Zain Iraq recently paid the first […]

Telcos Agree to Pay $307m for 3G

By John Lee. Reuters reports that Iraq’s mobile phone companies have agreed to demands from the country’s Communications and Media Commission (CMC) to pay $307 million each for radio spectrum to run 3G mobile phone networks. Current 2G services are supplied by Zain Iraq (a unit of Kuwait’s Zain), Asiacell (a subsidiary of Ooredoo) and Orange […]

$307m Bill for 3G Spectrum

By John Lee. Iraq is reportedly seeking $307 million [358 billion Iraqi dinars] from each of the country’s three mobile phone operators for spectrum to run 3G (third-generation) services. According to Reuters, all three operators – Zain Iraq (owned by Kuwait’s Zain), Asiacell (owned by Ooredoo) and Korek (Orange) – paid $1.25 billion each for so-called “technology-neutral” […]

Ericsson Still Bullish on Iraq

By John Lee. Tarek Saadi, President of Ericsson‘s North Middle East Region, has said his company remains bullish on Iraq despite the threat of terrorism. Speaking on the sidelines of a trade event, he said: “Iraq is one of the more important markets for Ericsson in the Middle East … We still believe in the […]

Zain Maintains Plan for IPO

By Patrick M Schmidt. Despite more than a three year delay and the current security situation in Iraq, Zain has announced that they still intend to commit to their initial public offering. “Against the backdrop of security and safety issues, Zain Iraq is today mainly focused on maintaining its network and providing much needed mobile […]

3G Licences “at Least $307m Each”

By John Lee. Ahmed Alomary, a former commissioner at the Communications and Media Commission (CMC), told Reuters that Iraq plans to auction third-generation (3G) telecommunications licences for a minimum of $307 million each. Current 2G services are supplied by Zain Iraq (a unit of Kuwait’s Zain), Asiacell (a subsidiary of Ooredoo) and Orange affiliate Korek, who […]

France’s Orange sees Huge Growth in Iraq

By John Lee. French-based telecommunications company Orange has said that it expects rapid customer and revenue growth in Iraq, where it took a 20 percent stake in mobile operator Korek two years ago. Marc Rennard (pictured), the company’s executive vice president for Africa, the Middle East and Asia, told Reuters: “We have just reached five […]