Zain Iraq Expects Boost from Kurdish Region

The Iraqi unit of Kuwait's Zain expects to add up to 18,000 new subscribers a month after starting operations in Iraq's northern Kurdish region, Reuters has reported.

"I would expect that we will be adding around 15,000 to 18,000 (new subscribers) a month," chief executive Emad Makiya told the news agency, adding that the total number of subscribers for this year is expected to increase by around 1 million. Initial operations in Iraqi Kurdistan had started in October, although the official launch will take place in the first quarter of 2011, he noted.

Zain Iraq has around a 53% market share and competes with AsiaCell and Iraqi Kurdistan-based Korek, he said.

(Source: Reuters)

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