The latest Iraq Telecommunications News – mobile phones, Iraqi Communications and more – brought to you by Iraq Business News
Zain Iraq becomes first operator in the Middle East to introduce purchase solution via Facebook Zain Iraq, the country’s largest mobile operator by customer numbers, announces the introduction of a solution that enables customers to purchase offers via their Facebook app, making it the first operator in the Middle East to provide this functionality, and […]
By John Lee. Zain Iraq has posted a growth in net income of 77 percent. In its results statement for Q1 2019, the company said: "Zain Iraq performed exceptionally well in Q1 2019 when compared to the corresponding three-month period in 2018, with revenue reaching USD 262 million, and EBITDA having reached USD 109 million, […]
By John Lee. Kuwait's Qualitynet is reported to have been granted a licence to provide internet, telecommunications and satellite services in Iraq. According to CommsMEA, the move makes it the first Kuwaiti telecommunications service provider to win a service licence in the country. Said Qualitynet CEO Mohammed Nizar Al-Nusif is quoted as saying: "Winning this […]
Parallel Wireless has announced that Kalimat Telecom, a subsidiary of Kuwait's Trade Links, has selected Parallel Wireless to build out their mobile broadband network in Iraq. According to the GSMA Mobile Economy: Middle East and North Africa 2018 report, Iraq has only a 52% wireless Internet penetration rate, presenting a great opportunity for telecom service […]
By John Lee. In its consolidated financial results for the full-year 2018, telecommunications group Zain reports that the improving socio-economic situation sweeping Iraq is providing the much-needed stimulus to support Zain Iraq’s turnaround efforts. The company said in a statement: "The operation performed exceptionally well when compared to the previous year. Revenues and net profit […]
By John Lee. Asiacell Iraq has reported that it has benefitted from improvements in the security and economic situation in the country paving the way for network expansion and reconnections. The telecommunications company said its revenue was "stable" at QAR 4.4 billion, compared to QAR 4.5 billion in 2017. EBITDA was up 6% to QAR […]
By John Lee. Docomo Digital, part of Japan's NTT Docomo, has said it is launching a mobile gaming platform with Zain Iraq, giving more than 16 million subscribers the ability to access hundreds of titles using direct carrier billing on monthly phone bills. Zain Games' GamEmpire is a bundle of native and HTML5 games that […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Average daily turnover in November continued to improve, increasing 24% on the back of October’s 24% month-on-month growth. However, the recovery is coming from an […]
By John Lee. Asiacell Iraq has benefitted from improvements in the security and economic situation in the country, according to its parent, the Qatari company Ooredoo. In its results for the first nine months of 2018, the company said: "With more areas liberated and network restoration underway, Asiacell reported a 3% increase in Revenue to […]
Comtech Telecommunications Corp. (Nasdaq: CMTL) announced on Monday that during its first quarter of fiscal 2019, its Orlando, Florida-based subsidiary, Comtech Systems, Inc., which is part of Comtech’s Government Solutions segment, has received a $9.1 million sole-sourced contract from The Program Executive Office (PEO) Command, Control, Communications, Computers and Intelligence (C4I), International C4I Integration Program […]
Zain Iraq has selected Ericsson (NASDAQ: ERIC) to modernize a number of its legacy sites with Ericsson Radio System in a contract signed recently that serves to strengthen the partnership of the two companies. Under the terms of the deal, Ericsson will reinforce its role as a trusted business partner by providing higher capacity and […]
By John Lee. Zain Iraq performed "exceptionally well" in H1 2018 when compared to H1 2017 with revenues reaching USD 558 million, a 7% increase Y-o-Y and EBITDA reached USD 194 million, up 8% reflecting an EBITDA margin of 35%. According to a statement from the company, the operation reported a net profit of USD […]
