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 […]
Tag Archives | Telecommunications
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Zain Hit by Iraqi Dinar Devaluation
By John Lee. Zain Iraq's H1 2021 revenue reached USD 376 million, and EBITDA amounted to USD 145 million, reflecting an EBITDA margin of 39%. Net profit reached USD 24 million for the period. The operator's customer base increased by 7% to reach 16.1 million customers maintaining its market leading position. It should be noted […]
Nokia Wins Contract with Asiacell in Iraq
By John Lee. Finland's Nokia has announced that Asiacell Telecom has chosen the company to provide nationwide network optimization for two years starting January 2021. According to a press release: "This partnership will leverage Nokia's global capabilities in network planning and optimization technology to boost Asiacell's competitive edge and transform its operational platforms for the […]
Nokia selected for ITPC Network in Iraq
Nokia to deploy internet gateway for ITPC network in Iraq Finland's Nokia has announced that its IP routing technology has been selected for Informatics and Telecommunications Public Company (ITPC) - one of the companies of Iraq's Ministry of Communication (MoC) - to serve as the main backbone of the country's internet infrastructure. The deployment aims […]
Tags: AlAwsat Telecommunication Services, featured, Finland, Informatics and Telecommunications Public Company (ITPC), Iraqi Telecommunications and Posts Company (ITPC), mn, Nokia Networks, Telecommunications
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 […]
Orange launches Proceedings against Iraqi Govt
By John Lee. French telecoms company Orange Group has reportedly launched legal proceedings against the Iraqi government with the International Center for Settlement of Investment Disputes (ICSID), part of the World Bank, for more than $400m that it alleges was expropriated by the country's regulator. The case relates to the company's investment in Korek, the […]
Tags: Agility, Corruption, featured, France, International Center for Settlement of Investment Disputes (ICSID), Korek, Kurdistan News, mn, Orange, Telecommunications, World Bank
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 […]
PM Promises 4G Connectivity by End-2020
By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi has promised to have 4G mobile services available in Iraq by the end of the year. Speaking at a press conference in Basra, al-Kadhimi added that introduction will have an impact on the economy of Iraq. (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 […]
Asiacell Revenue Growth of 3% in 2019
Asiacell reported revenue growth of 3% to QAR 4.6 billion in 2019, despite a flat customer base of 14.2 million customers. The company maintained a healthy EBITDA margin of 45% in 2019 while EBITDA declined slightly from QAR 2.1 billion in 2018 to QAR 2.0 billion in 2019. Asiacell upgraded its entire network to support […]
Zain Iraq Profits Up 28%
By John Lee. Mobile telecommunications company Zain has reported that its Iraqi revenue was stable at USD 1.1 billion last year, despite a competitive landscape and economic and political issues in Zain stronghold regions. Announcing its results for 2019, the company said: "[Zain Iraq] EBITDA grew strongly by 10% Y-o-Y amounting to USD 465 million […]
Asiacell ranked "Best Telco" in Iraq
By John Lee. Asiacell has reportedly been ranked as the best telecom company in Iraq for 2019 at the International Finance Award ceremony in Dubai. According to a press release on PR Newswire, the award was made for the company's network quality and the development of its infrastructure. (Source: PR Newswire)