Tag Archives | Telecommunications

The latest Iraq Telecommunications News – mobile phones, Iraqi Communications and more – brought to you by Iraq Business News

Asiacell Iraq Grows Revenues

By John Lee. Asiacell Iraq has benefitted from improvements in the security and economic situation in the country, according to its parent, the Qatari company Ooredoo. In its results for the first nine months of 2018, the company said: “With more areas liberated and network restoration underway, Asiacell reported a 3% increase in Revenue to […]

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Comtech wins $9m Contract with Iraqi Navy

Comtech Telecommunications Corp. (Nasdaq: CMTL) announced on Monday that during its first quarter of fiscal 2019, its Orlando, Florida-based subsidiary, Comtech Systems, Inc., which is part of Comtech’s Government Solutions segment, has received a $9.1 million sole-sourced contract from The Program Executive Office (PEO) Command, Control, Communications, Computers and Intelligence (C4I), International C4I Integration Program […]

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Ericsson wins New Contract with Zain Iraq

Zain Iraq has selected Ericsson (NASDAQ: ERIC) to modernize a number of its legacy sites with Ericsson Radio System in a contract signed recently that serves to strengthen the partnership of the two companies. Under the terms of the deal, Ericsson will reinforce its role as a trusted business partner by providing higher capacity and […]

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Zain Iraq Performs “Exceptionally Well” in 1H-2018

By John Lee. Zain Iraq performed “exceptionally well” in H1 2018 when compared to H1 2017 with revenues reaching USD 558 million, a 7% increase Y-o-Y and EBITDA reached USD 194 million, up 8% reflecting an EBITDA margin of 35%. According to a statement from the company, the operation reported a net profit of USD […]

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ONEm Partners with Asiacell Iraq

UK-based ONEm is partnering with Asiacell to bring unlimited news and entertainment content from Reuters to Iraq. Asiacell subscribers can now exclusively access global news on any mobile device. The #Reuter service provides full coverage of real time news and entertainment content in Arabic delivered by SMS. Users interact with the #Reuter service menu by […]

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IFC arranges $269m Financing for Zain Iraq

The International Finance Corporation (IFC), a member of the World Bank Group, is providing a financing package of $269 million to Zain Iraq, a leading mobile network operator, to help reconstruct the country’s telecom operations and spur economic growth. IFC arranged a $269 million debt package including $100 million from IFC’s own account, and $169 […]

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Zain Iraq posts Strong Growth in Q1

By John Lee. Revenues at Zain Iraq reached $275 million in the first quarter of 2018, a 9-percent increase year-on-year. EBITDA reached $96 million, up 12 percent, reflecting an EBITDA margin of 35 percent. The operation reported a net profit of $8 million, substantially up on the $283,000 profit recorded for Q1, 2017. The expansion […]

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Asiacell Revenues Up

By John Lee. Qatar-based Ooredoo has announced that revenue at its Asiacell subsidiary in Iraq increased 6 percent to QAR 4.5 billion, while and EBITDA increased 3 percent to QAR 2.0 billion, for the year ended 31th December 2017. EBITDA margin was put at 44 percent. In a statement, the company said: “A key opportunity […]

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Free Satellite Internet “Soon”

By John Lee. Plans are reportedly progressing to launch a free ka-band satellite broadband service in Iraq in the second quarter of 2018. UK-based Quika promises the world’s first entirely free high-speed satellite internet for consumers in developing countries. Its free plan will be funded by paid-for services for enterprises and internet providers. According to […]

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16% Growth in Zain Iraq Customer Base

By John Lee. Despite the exceptional socio-economic circumstances coupled with the continuation of intense price competition, Zain Iraq achieved USD 811 million revenues due to the impressive growth in data usage and numerous customer acquisition initiatives in the northern regions of the country. The operation’s efficiency drive saw EBITDA reach USD 281 million, reflecting a […]

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Asiacell Revenues Up 11%

By John Lee. Ooredoo Group has reported that to reactivation of its sites in Mosul has contributed to an 11% increase in Asiacell‘s customer base (12.5 million customers) in the first nine months of 2017. Revenue increased 6% to QAR 3.3 billion, “demonstrating Asiacell’s leadership in the market despite the difficult political and economic situation“, […]

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Nokia to Improve Zain Iraq’s Network

Finland’s Nokia will modernize and expand Zain Iraq‘s radio networks with its most advanced technologies across Karbala, Najaf and Basra, with a special focus on the holy cities of Karbala and Najaf, to support the expected increase in data and voice traffic during Zeyara as millions of people converge on the region. Zeyara is an […]

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