Tag Archives | Asiacell

The latest Asiacell Iraq News – Zairn, Korek, mobile, telecoms, HP, Sulaymaniyah & more – brought to you by Iraq Business News

New Submarine Comms Cable to Serve Iraq

By John Lee. Qatar-based Ooredoo Group has partnered with France's Alcatel Submarine Networks (ASN) to build the Fibre in Gulf (FIG) submarine cable. The cable, connecting Qatar, Oman, the UAE, Bahrain, Saudi Arabia, Kuwait, and Iraq, will have a capacity of up to 720Tbps with 24 fibre pairs. Ooredoo said in a statement that the […]

Major Undersea Cable Project: Iraq Partners with Ooredoo

By John Lee. Iraq's Minister of Communications, Dr. Hayam Al-Yasiri, announced an agreement with Qatar's Ooredoo Group to lay undersea cables with a capacity of 500 terabits at the Al-Faw station. According to the Ministry, the cables, comprising 24 pairs, will significantly boost Iraq's international communication capacity by connecting to over 200 global undersea cables, […]

Arbaeen Boosts Asiacell Earnings

By John Lee. Mobile phone service Asiacell has reported strong growth in revenue and EBITDA. In its financial results for the nine-month period ended 30 September 2023, parent company Ooredoo said: "Asiacell maintained its strong performance into Q3, delivering double-digit revenue and EBITDA growth. Asiacell' customer base remained stable at 17.1 million customers. "Revenue increased […]

Asiacell reports Strong Growth in Revenue and EBITDA

By John Lee. Mobile phone service Asiacell has reported strong growth in revenue and EBITDA. In its financial results for the six-month period ended 30 June 2023, parent company Ooredoo said: "Asiacell achieved very solid Revenue growth in H1 2023, with a YoY increase of 16%, reaching a total of QAR 2,024 million. This growth […]

Asiacell, QiCard, and Digital Zone join forces in Iraq

By John Lee. Iraqi telecom provider Asiacell, fintech Qi and platform Digital Zone have officially announced a strategic alliance. According to a statement from Asiacell, this integration will empower millions of Asiacell and Qi's shared customers to carry out purchases using their Qi payment cards seamlessly. This promises a smooth retail experience, fostering financial inclusion, […]

UNDP partners with Private Sector companies in Karbala

UNDP partners with private sector companies in Karbala to boost youth employment The United Nations Development Programme (UNDP) has signed a Statement of Intent with eight private sector companies in Karbala during the second phase of a Job Matching Project aimed at curbing youth unemployment in the governorate. The Job Matching Project is designed to […]

Iraq's Asiacell appoints US-based firm for Data Governance

By John Lee. Mobile phone service Asiacell has reportedly appointed US-based LigaData to implement a new Data Governance Framework and Data Governance Center of Expertise. According to a press release, the partnership will enable more innovative digital services for Asiacell's 17 million subscribers and significantly improve the organization's return on investment from existing data infrastructure. […]

Asiacell Revenues and Profits Fall

By John Lee. Mobile phone service Asiacell has reported a drop in revenues and EBITDA. In its financial results for the nine months ended 30 September 2022, parent company Ooredoo said: "Asiacell reported revenue of QAR 2.7 billion, a decrease of 2%, due to the ongoing intense competition in Iraq. "Asiacell's EBITDA dropped by 7% […]

Asiacell to sell Mobile Phone Transmission Towers

By John Lee. Qatari mobile telecoms group Ooredoo is planning to sell its portfolio of transmission towers, which includes those owned by its Iraqi subsidiary Asiacell. Media sources suggest that this will be done on a sale-and-leaseback basis, and that the portfolio may be split by country. According to Reuters, Morgan Stanley is advising on […]

Asiacell chooses MCP Insight for Anti-Fraud and Compliance Monitoring

Mobile phone operator Asiacell has selected UK-based MCP Insight to provide their anti-fraud and compliance monitoring solutions for Asiacell's Value Added Services and Direct Carrier Billing services. MCP will be working closely with IQ Services, the Carrier's internal Master Aggregator, who manage all merchants offering services on Asiacell's network. MCP's combined Scanner and Shield solutions […]