Asiacell, one of the largest private Iraqi companies and the first mobile telecommunications company to provide coverage for all of Iraq, announced its participation in and sponsorship of the 7th annual Media and Telecoms Convergence Conference that was held under the patronage of Her Highness Princess Sumaya Bint Al Hassan on the 7th and 8th of June 2010, at the Four Seasons Hotel in Amman, Jordan.
The conference was organized by the Arab Advisors Group, which is a member of the Arab Jordan Investment Bank and is a specialized research, analysis and consulting company focused on the communications, media, technology and financial markets throughout the Arab world.
The conference was attended by over 500 executives representing various local, regional and global telecom and media companies, where 46 speakers discussed the most important issues governing convergence opportunities between the media, telecom companies and content providers. The conference aimed at showcasing the telecom and media sectors on a regional level, in addition to providing major telecom and media companies with the opportunity to exchange their expertise and to familiarize themselves with the latest innovations within the field.
Asiacell's sponsorship of the conference addressed the exceptional competition and growth witnessed in global and regional telecom markets, and aimed to present Asiacell's experience as an Iraqi telecom company and capitalize on other companies' experience within the region.
Asiacell's participation also involved a promotional booth through which the company's employees were able to interact with the conference's visitors. In addition, Dr. Ahmed held a presentation that discussed Asiacell's history and achievements in providing all 18 Iraq governorates with high quality telecom services within record time. The presentation also tackled the crucial role of the private sector in increasing the penetration rate of mobile services in Iraq, and covered the growing competition in the regional telecom market, highlighting that the Iraqi market is amongst the most competitive markets in the Arab world.
With regards to the role of the telecom sector in driving the progress of the Iraqi economy, Dr. Ahmed's presentation revealed that the contributions of Iraqi telecom companies in the development of the national economy came only second to those of Iraqi oil companies. He stated as well the necessity of allowing Iraqi telecom companies to invest in the telecom sector's infrastructure, which will have a significant positive impact on the development of the Iraqi market especially in light of the low penetration rate of Internet services in Iraq.
( AME Info FZ LLC )