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 instalment fee amounting to $76.75 million (85.5 billion Iraqi dinars) representing 25 percent of the overall 3G spectrum fee of $307 million.
CEO Scott Gegenheimer (pictured) said in a statement:
“Zain views the launch of 3G services in Iraq as a complete game-changer for the country ...
"We have already invested heavily in making the network 3G ready and our target is to be commercially operational by January 2015.”
Zain hass commissioned Ericsson, Huawei and Nokia Networks to expand and upgrade the network.
(Source: Zain, Reuters)