Tag Archives | mobile phone

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 […]

Asiacell Increases Customer Base and Revenues

By John Lee. Mobile phone service Asiacell has reported a healthy increase in its customer base and local-currency revenue. In its results for the first nine months of the year, parent company Ooredoo said: "Asiacell reported revenue of QAR 2.8 billion during 9M 2021, a decrease of 8% mainly due to the devaluation of the […]

Nokia to build Asiacell's Next-Gen Microwave Network in Iraq

By John Lee. Finland's Nokia today announced that Asiacell Telecom has chosen Nokia to build its next-generation microwave network in Iraq. In the five-year deal, Nokia's Wavence microwave packet radio will help Asiacell address demand for more capacity and provide fiber-like connectivity everywhere, including remote and difficult-to-reach areas In a press release, Nokia said that […]

Covid and Devaluation hit Asiacell Revenues

By John Lee. Mobile phone service Asiacell has reported a sharp drop in revenue, when expressed in Qatari riyals, as a result of the devaluation of the Iraqi dinar. In its results for the three-month period ended 31 March 2021, parent company Ooredoo said: "The Iraqi economy was impacted by weakening purchasing power following the […]

Coronavirus Hits Asiacell Revenue

By John Lee. Mobile phone service Asiacell has reported a sharp drop in revenue as a result of the coronavirus (Covid-19) crisis. In its results for the nine-month period ended 30 September 2020, parent company Ooredoo said: "Asiacell's performance for the first nine months of 2020 was impacted by movement restrictions across Iraq due to […]

Covid-19 Hits Asiacell Earnings

By John Lee. Government measures designed to limit the spread of the COVID-19 pandemic impacted Asiacell's results for the half year ended June 30, 2020. The company reported revenues of QAR 1.9 billion in H1 2020, down 10% compared to the same period last year. As a result, EBITDA declined to QAR 828 million (H1 […]

Iraq to Renew Licences of Mobile Phone Companies

By John Lee. At its regular meeting on Tuesday, the Iraqi Cabinet has decided to renew the licenses of mobile phone companies for a period of five years. The offer is conditional on the companies paying 50 percent of their outstanding debt, and agreeing to provide 4G services. (Source: Govt of Iraq)

Asiacell reports Revenue Growth for Q1

By John Lee. Mobile phone service Asiacell has reported revenue growth or nearly 2 percent in the first quarter of this year. In its results for the quarter ended 31 March 2020, the company said: "Asiacell reported revenue growth to QAR 1.09 billion in Q1 2020, up from QAR 1.07 billion in Q1 2019.  The […]