According to a report from Reuters, Iraqi telecom operator Kalimat plans to invest $250 million in 2011, and to launch an initial public offering (IPO) next year. The company's chief executive, Wilson Varghese, said the planned IPO should help the company to expand as it eyes a nationwide rollout of services by the end of […]
The Iraqi unit of Kuwait telecoms firm Zain is planning to spend $100m this year as part of its plan to expand throughout the entire Kurdish region over the next five months, its chief executive said yesterday. Emad Makiya, CEO of Zain Iraq, the country’s biggest mobile phone operator, said the firm planned to extend […]
UAE telecom Etisalat has not ruled out expansion into Iraq after dropping its $12bn bid for a chunk of Kuwait’s Zain that would have given it access to the market, a senior executive said, according to a report from Arabian Business. “We are looking at all opportunities,” said Ahmed Bin Ali, group senior vice president […]
Iraq's communications minister said he expected the country's planned fourth mobile phone licence to fetch between $1 billion to $2 billion [2.4 trillion Iraqi dinars] in an auction expected by the end of this year. According to Reuters, Mohammed Allawi said the expected cost for the licence, including installations and infrastructure costs, could be in […]
France Telecom-Orange and its partner Agility, a leading logistics company, have announced a binding agreement on Monday with the shareholders of Korek Telecom to acquire a 44% stake in the Iraqi mobile operator. France Telecom-Orange will contribute its marketing, commercial and technical expertise to reinforce Korek Telecom's leading position in the Kurdistan region of Iraq […]
Iraqi mobile operator AsiaCell has threatened to sue Kuwait-based telecoms provider Zain, after it allegedly distributed millions of unlicensed SIM cards, hitting AsiaCell's market share. It has also disconnected several million Zain Iraq subscribers whose lines have not been fully licensed by the Communications and Media Commission (CMC). AsiaCell, in which Qatar Telecommunications Co (Qtel) […]
Qatar Telecom (Qtel) has announced significant growth last year in its Iraqi Asiacell operations. Following on from the strong subscriber growth achieved in 2009, Asiacell has continued to increase its subscriber base this year leveraging its country-wide network. Asiacell's total subscriber base at 31 December 2010 stood at 8.1 million (FY 2009: 7.4 million). At […]
Reuters reports that Iraq has fined Kuwait-based telecoms provider Zain $262 million for putting 5 million Sim cards in the local market without permission, contravening its licence. The company has three months to pay. Zain's Iraq unit will appeal the fine, its chief executive, Emad Makiya, said. "They have no right to issue such a […]
The Iraqi unit of Kuwait's Zain expects to add up to 18,000 new subscribers a month after starting operations in Iraq's northern Kurdish region, Reuters has reported. "I would expect that we will be adding around 15,000 to 18,000 (new subscribers) a month," chief executive Emad Makiya told the news agency, adding that the total […]
The Iraqi unit of Kuwait telecoms firm Zain (ZAIN.KW) will start operating in Iraqi Kurdistan in January and expects to boost its subscriber base by up to two million in 2011, its chief executive said on Sunday, in an interview with Reuters. Emad Makiya, the new CEO of Zain Iraq, said Zain group, the Gulf […]
Research and Markets has announced the addition of their "Iraq Mobile Investment Overview and Market Forecast 2010-2014" report to their offering. This report provides a detailed overview of the mobile market in Iraq. It outlines the main current trends and provides five year subscriber and revenue forecasts. Excel annex Mobile handset subscribers market: subscribers, penetration, net […]
Info2cell.com, the leading mobile application content and service provider in the Middle East, has announced the successful launching of three new SMS-based services for its subscribers in Iraq - including a BBC Breaking News Channel and dedicated SMS services for men and women
