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 […]
Tag Archives | Qatar
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 […]
Asiacell Grows Customer Base in Iraq
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 half year ended 30 June 2021, parent company Ooredoo said: "Asiacell reported revenue of QAR 1.7 billion during the first half […]
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 […]
Tags: Asiacell, coronavirus, covid19, devaluation, featured, Iraqi Dinar News, mn, mobile phone, Ooredoo, Qatar
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 […]
Cabinet pushes for Int'l Arbitration Convention
By John Lee. The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Adil Abd Al-Mahdi, and: reviewed progress in implementing the reforms, initiatives and measures announced by the government to meet the legitimate demands of the protests; approved a draft law on the accession of the Republic […]
Asiacell Iraq Increases Customer Base, but EBITDA Falls
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% […]
Asiacell Increases Customer Base
By John Lee. Asiacell Iraq has increased its customer base by six percent in the first six months of this year, according to its parent, the Qatari company Ooredoo. In its results for the first half of 2019, the company said: "Despite intensifying price competition, Asiacell maintained stable revenues of QAR 2.2 billion during the […]
Iraq "becomes Energy Investment Hotspot"
By John Lee. According to Miriam Malek, writing for S&P Global Platts, Iraq is again becoming a viable destination for energy investment after the final defeat of Islamic State and the election of a new government revived interest in the region's second-largest oil producer. The US, Qatar, Saudi Arabia and Iran are now vying for […]
Qatar-Iraq Trade Jumps 52 Percent
By John Lee. Trade between Qatar and Iraq rose by 52 percent last year to reach QR473 million compared to QR310 million in 2017, according to a report from Al Bawaba. Al Bawaba quotes Sheikh Khalifa bin Jassim bin Mohammed al Thani, the Chairman of Qatar Chamber, as saying that the most important Qatari imports […]
Qatar, Iraq discuss Education Cooperation
By John Lee. Qatar's Minister of Education and Higher Education Dr Mohamed Abdul Wahed Ali al-Hammadi has met with Iraq’s Minister of Higher Education and Scientific Research Dr Qusai al-Suhail in Qatar. During the meeting they discussed cooperation in the fields of higher education and scientific research and ways to support and promote them. (Source: […]
How Saudi and Qatar are Competing over Iraq
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. As the Gulf crisis continues with the rivalry between Saudi Arabia and Qatar, with no sign of a resolution, each country deems it necessary to seek a rapprochement with […]