Archive | Iraqi Communications News

The latest Iraqi communications news, including developments and opportunities in communications and media from Iraq Business News.

China's Huawei Wins Najaf Phone Contract

AKnews reports that Chinese company Huawei has won the contract to extend landline phone services to Najaf province, Mohammed Ayed al-Moussawi, chairman of the provincial council's services commission, said the service will be world-class and the project will cost $40 million [48 billion Iraqi dinars]. The Ministry of Communications announced in January that two million […]

LG Electronics Participates in Erbil International Fair

LG Electronics has participated in the 7th edition of the Erbil International Fair, which was held from the 24th until the 27th of October, in the presence of 950 participating companies from 25 countries around the world. LG was one of the Fair's biggest participants, where its sales team showcased a series of products covering […]

Key Telecoms Developments Discussed at Iraq Telecoms 2011

With over 30 speakers, 21 sponsors and 300 senior telecoms industry experts the CWC Iraq Telecoms 2011 conference took place between the 25-27 October 2011 and was an outstanding success. Held at the Ritz Carlton Istanbul the conference brought together the Iraqi Ministry of Communications, Iraqi Parliament, Kurdistan Ministry of Communications, Iraqi Media and Communications […]

Iraq Bourse Faces Challenge in Listing Telecom Firms

Foreign investors’ appetite for Iraq’s stock market is rising before planned IPOs by the country’s three mobile telephone operators, but the fledgling market’s small size means it may struggle to cope with the listings, according to a report from Gulf News. The Iraq Stock Exchange (ISX) is an outpost of private sector business in Iraq, […]

Ericsson sees Vast Untapped Potential in Iraq

Ericsson has reiterated the vast, untapped potential of Iraq’s telecommunication market. Speaking at the sixth Iraq Telecom 2011, Ericsson’s Executive Vice President for Region Middle East, Tunç Yorulmaz highlighted how the Iraqi market is now ready to move towards implementing Mobile Broadband considering its saturated voice market, increasing GDP per capita and increasing internet usage […]

Brand Iraq and the Arab Spring

After the burial of Colonel Gaddafi this week - the symbolic end of his 42 year rule, I asked myself: “What countries will emerge from the Arab Spring and succeed in increasing tourism revenue streams and securing foreign investment?” I wondered where Iraq’s place would be within the context of the re-shaping that’s occurring in […]

Hermes Datacomms Appoints Iraq Country Manager

Hermes Datacomms Middle East, a key specialist providing Wide Area Network communications to the upstream oil and gas industry has appointed Saif Al-Azzawi as Country Manager of their Iraq operations, and Nigel Green as Head of Security and Operations for the Middle East. Al-Azzawi has worked in the telecommunications industry for the past 8 years. […]

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Iraq Stock Market Capitalization to Double

Iraq's stock exchange market will double its capitalization to $8 billion once the three main mobile-phone companies operating in the country are listed, according to Taha A. Abdulsalam, chief executive of the Iraq Stock Exchange (ISX). The three mobile phone operators, Asiacell, Korek Telecom, and Zain Iraq, are required by the terms to their licences […]

2 of the 3 Mobile Telcos Select Banks for IPO

Asiacell has selected HSBC and Morgan Stanley to manage its initial public offering (IPO) on the Iraqi bourse, according to Bloomberg. Chief Executive Officer Diar Ahmed told the news agency that the company will offer 25 percent of its shares, but did not specify when. The company, which is an affiliate of Qatar Telecom, is […]

Omnnea Represents Iraq at GITEX in Dubai

In a move to showcase Omnnea's Research and Development products, Omnnea will participate at GITEX 2011 in Dubai. Dr. Faisal Fadul, Omnnea's CEO, said: "We are proud to be the first Iraqi company to participate in this exhibit where we are given the opportunity to compete in the same arena as the best the world […]

Ericsson to Enhance Korek's Iraq Mobile Network

Korek, one of the fastest growing mobile operators in Iraq, has selected Ericsson to modernize and expand its network by a network expansion and service quality improvement project. The agreement will prepare the network for 3G and LTE and further develop Iraq's telecom infrastructure. Through the agreement, Ericsson will deploy and integrate new radio base […]