The latest Asiacell Iraq News – Zairn, Korek, mobile, telecoms, HP, Sulaymaniyah & more – brought to you by Iraq Business News
By John Lee. Asiacell has reportedly been ranked as the best telecom company in Iraq for 2019 at the International Finance Award ceremony in Dubai. According to a press release on PR Newswire, the award was made for the company's network quality and the development of its infrastructure. (Source: PR Newswire)
By John Lee. The streaming video on demand (SVOD) service StarzPlay has reportedly entered into a partnership with Asiacell to provide streaming services to all Asiacell’s ‘Unlimited’ monthly package subscribers. Commenting on the partnership, Raghida Abou-Fadel, Vice President of Sales & Business Development at StarzPlay, is quoted as saying: “This latest partnership with Iraq’s Asiacell […]
By John Lee. Asiacell Iraq has reported stable revenues of QAR 3.3 billion for the nine-month period, and a growing customer base, up 6% to 14 million customers at 9M 2019. In its results for the first nine months of 2019, the company said: "While EBITDA margin was strong at 45%, EBITDA was down 8% […]
The ISIL conflict displaced 6 million people in Iraq, disrupted the national economy and limited employment opportunities for citizens. Sixty per cent of jobs in Iraq are in the private sector, within Small and Medium Enterprises (SMEs); very large numbers of those businesses experienced loss as a result of the conflict and need support to […]
By John Lee. Iraq's Communications and Media Commission (CMC) has reportedly ordered operators to block calls between their customers and Korek users in a dispute over number portability. According to Rudaw, the regulator told mobile network providers that Erbil-based Korek had failed to meet its “contractual obligations” to allow customers to keep their phone number […]
By John Lee. Asiacell Iraq has reported that it has benefitted from improvements in the security and economic situation in the country paving the way for network expansion and reconnections. The telecommunications company said its revenue was "stable" at QAR 4.4 billion, compared to QAR 4.5 billion in 2017. EBITDA was up 6% to QAR […]
By John Lee. Asiacell Iraq has benefitted from improvements in the security and economic situation in the country, according to its parent, the Qatari company Ooredoo. In its results for the first nine months of 2018, the company said: "With more areas liberated and network restoration underway, Asiacell reported a 3% increase in Revenue to […]
By John Lee. Asiacell boss Faruk Mustafa Rasool (pictured) has announced a $1.6-billion investment in a new tourist city on Kurdistan's Lake Dukan. According to the report from Rudaw, the 3,250-hectare complex will include accomodation, two cable cars, an island, "and many other interesting places”. The Kurdistan Regional Government (KRG) approved the project, which is […]
UK-based ONEm is partnering with Asiacell to bring unlimited news and entertainment content from Reuters to Iraq. Asiacell subscribers can now exclusively access global news on any mobile device. The #Reuter service provides full coverage of real time news and entertainment content in Arabic delivered by SMS. Users interact with the #Reuter service menu by […]
By John Lee. Qatar-based Ooredoo has announced that revenue at its Asiacell subsidiary in Iraq increased 6 percent to QAR 4.5 billion, while and EBITDA increased 3 percent to QAR 2.0 billion, for the year ended 31th December 2017. EBITDA margin was put at 44 percent. In a statement, the company said: "A key opportunity […]
By John Lee. Ooredoo Group has reported that to reactivation of its sites in Mosul has contributed to an 11% increase in Asiacell's customer base (12.5 million customers) in the first nine months of 2017. Revenue increased 6% to QAR 3.3 billion, "demonstrating Asiacell's leadership in the market despite the difficult political and economic situation", […]
By John Lee. Mobile phone operators based in Iraqi Kurdistan have reportedly been told by the Iraqi government to move their headquarters to Baghdad, following the region’s recent vote for independence. Asiacell is based in the Kurdish city of Sulaymaniyah, while Korek is based in Erbil; Zain, however, is based in Baghdad. According to a […]
