Korek Telecom customers in southern Iraq will soon experience high-speed mobile broadband and better voice call services with improved coverage. For this, Korek Telecom, a leading telecom operator in Iraq, has selected Nokia Siemens Networks to deploy its advanced radio, microwave transmission and packet core network elements, using its comprehensive services. The operator has also […]
Alcatel-Lucent and Regional Telecom, a communications service provider in Northern Iraq, are to launch the nation’s first 4G LTE network, providing the region with lightning-fast wireless broadband services including high-definition video streaming, high-speed Internet access and a range of business services. The new network will be the first in Iraq to offer large-scale wireless broadband […]
Research In Motion (RIM) announced that the BlackBerry App World storefront is now available for customers in Iraq, offering them easy access to a broad range of mobile applications that are purpose-built for BlackBerry smartphones and BlackBerry PlayBook tablets. Customers can personalize their BlackBerry device, find the hottest games and entertainment, and get apps that […]
By John Lee. The Iraq Stock Exchange says that Iraqi telecom operator Asiacell will start publicly trading its shares as of 3rd February. Associated Press also report that it will be the first stock float since the reign of Saddam Hussein. An Initial Public Offering (IPO) of 25 percent of the company's shares will take […]
Iraq's three main mobile phone companies -- Zain, Asiacell and Korek -- have appealed against a communications regulator decision to fine them for failing to list on the local stock exchange, reports Reuters. Iraq's Communications and Media Commission (CMC) fined the companies for missing the August 2011 deadline to list on the local bourse, which […]
By John Lee. Vodafone and Zain have jointly announced a Partner Market agreement that will significantly expand Vodafone’s Partner Market presence in the Middle East and provide Zain customers with greater support in Vodafone’s global footprint. Under the non-equity partnership agreement, Vodafone will work with Zain companies in Saudi Arabia, Bahrain, Kuwait, Jordan and Iraq […]
By John Lee. Vodafone, the world’s second-largest mobile-phone company, is said to be nearing an agreement with Zain to expand access to networks across countries including Saudi Arabia, Iraq and Bahrain. According to a report from Bloomberg, the deal would let UK-based Vodafone lower roaming fees and share handset- purchasing costs. Vodafone is seeking to tap […]
By John Lee. Asiacell has become the first mobile operator to reach an initial agreement to list on the Iraqi bourse, according to a report from Reuters. The company, part of Qatar Telecommunications, along with its two rivals Zain Iraq and Korek, were required to float their shares on the stock market as a condition […]
Iraq's biggest mobile phone operator, Zain Iraq, has invested about $20 million in its efforts to list on the local stock exchange, according to a report from Reuters. Chief executive Emad Makiya told the agency: "We have invested a lot of money. We have invested over $20 million in this. We have hired lawyers, we […]
Saudi Telecom (STC), the kingdom’s largest telephone company, has reportedly abandoned plans to bid for Iraq’s fourth mobile-phone licence after delays in awarding the contract. Ghassan Hasbani, the company’s chief executive officer for international operations, told MEED that they will only be interested in the licence if they receive “concrete” information from the government. (Sources: […]
Foreign investors’ appetite for Iraq’s stock market is rising before planned IPOs by the country’s three mobile telephone operators, but the fledgling market’s small size means it may struggle to cope with the listings, according to a report from Gulf News. The Iraq Stock Exchange (ISX) is an outpost of private sector business in Iraq, […]
Ericsson has reiterated the vast, untapped potential of Iraq’s telecommunication market. Speaking at the sixth Iraq Telecom 2011, Ericsson’s Executive Vice President for Region Middle East, Tunç Yorulmaz highlighted how the Iraqi market is now ready to move towards implementing Mobile Broadband considering its saturated voice market, increasing GDP per capita and increasing internet usage […]
