The latest Asiacell Iraq News – Zairn, Korek, mobile, telecoms, HP, Sulaymaniyah & more – brought to you by Iraq Business News
By John Lee. Tarek Saadi, President of Ericsson's North Middle East Region, has said his company remains bullish on Iraq despite the threat of terrorism. Speaking on the sidelines of a trade event, he said: “Iraq is one of the more important markets for Ericsson in the Middle East ... We still believe in the […]
By Patrick M Schmidt. Despite more than a three year delay and the current security situation in Iraq, Zain has announced that they still intend to commit to their initial public offering. "Against the backdrop of security and safety issues, Zain Iraq is today mainly focused on maintaining its network and providing much needed mobile […]
By John Lee. Mobile operator Asiacell has posted an 8 percent drop in sales in the first half of 2014, due to the security situation and increased competition. In its first half results its parent company, the Qatar-based Ooredoo, made the following statement: "Asiacell faced a growing wave of political and social instability during the […]
Nina Launches in Iraq – Voices of Promise and Hope Join Together in Suleimania Nearly 200 business leaders, politicians, civic society leaders and even Miss Kurdistan for Peace attended the Iraqi launch of Nina, held at Suleimania’s Grand Millennium Hotel, thanks to the generosity of sponsors Asiacell. A live TV broadcast saw Nina Champion and […]
By John Lee. Mobile operator Asiacell has posted a 12.2 percent drop in annual net profit. Reuters reports that the company, part of Qatar-based Ooredoo, made a net profit of 581 billion dinars ($498.62 million) in 2013, down from 662 billion dinars a year earlier. Profit was impacted "non-recurring items - mainly related to tax […]
By John Lee. The Iraqi government has announced that it will shortly offer licenses to mobile operators to give customers 3G internet service, AFP reports. The colossal increase in mobile phone ownership in Iraq post 2003 has been one of the notable developments in the country, a nation which still has a highly limited fixed-line network. Mobile […]
Anam Technologies, a Irish mobile messaging software solutions provider for mobile operators, has announced that they have been selected by Asiacell to provide its SMS Firewall service ANTISpam. The service was selected by Asiacell to enhance the operator’s ability to detect and block spam traffic from entering its network and protect its customers from receiving […]
By John Lee. Qatari telecommunications operator Ooredoo, which owns the Iraqi mobile phone company Asiacell, has hit out at prices quoted by the Iraqi government for a long-delayed auction for 3G spectrum licences. Company CEO Dr Nasser Marafih (pictured) told Arabian Business: “The country needs it, the people need it. We are ready to deploy […]
By John Lee. Ahmed Alomary, a former commissioner at the Communications and Media Commission (CMC), told Reuters that Iraq plans to auction third-generation (3G) telecommunications licences for a minimum of $307 million each. Current 2G services are supplied by Zain Iraq (a unit of Kuwait's Zain), Asiacell (a subsidiary of Ooredoo) and Orange affiliate Korek, who […]
Asiacell has announced the selection of Mr. Amer Al Sunna as the new Chief Executive Officer. The company, which is listed on the Iraq Stock Exchange (ISX) and recently completed the largest IPO in Middle East since 2008 successfully, has more than 10.5 million subscribers in entire Iraq and its network covers almost %97 of […]
By Sherif Salem. As has often been the case in Iraq, developments in recent weeks have inspired both pessimism and optimism. On the one hand, an increase in bomb attacks – with 300 fatalities in April – raised fears of a return to the peak in levels of violence seen of 2005-2006. And events in […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Mobile phone company Zain Iraq announced that it will put 25% of its shares on the Iraqi stock market, less than three weeks after its rival Asiacell placed a portion of […]
