The latest Iraq Telecommunications News – mobile phones, Iraqi Communications and more – brought to you by Iraq Business News
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 […]
By John Lee. The General Company of Post and Communications has announced that it intends to offer "huge investment opportunities" in the provision of optical fiber networks. AIN reports that the investment opportunities, running to billions of dollars, aim to take advantage of the geographic location of Iraq as a route for information and communications […]
By John Lee. The Iraqi Ministry of Communications says a submarine cable project linking Iraq with other countries has been completed. The deputy minister of communications, Ameer al-Bayyati, told Al-Shorfa that the two-year, $36-million project, was completed by Gulf Bridge International, and will provide internet, telephone and television services at lower prices and with higher […]
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 […]
By John Lee. The broadband company belonging to former Irish international soccer player and Sunderland boss Niall Quinn (pictured) is reported to be considering entering the Iraq market. The Irish Independent reports that his company, QSat, has formed a partnership with another Irish company, Altobridge, that could take it into Iraq, where Altobridge already provides […]
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 […]
By John Lee. Iraq's General Company for Post & Telecommunications, which is part of the Ministry of Communications, has announced a steep reduction in the price of international telephone calls. NINA reports that a statement by the company on Wednesday said that prices would be cut from 250 Iraqi dinars [per minute?] to 108 dinars. […]
By John Lee. India's Reliance Globalcom, the underseas cable unit of Reliance Communications, has said it has launched a joint venture with the Iraqi Telecommunications and Post Company (ITPC) that substantially expands the country's broadband and telecommunications links to the outside world. By activating the Al-Faw Cable Landing Station (CLS), the venture will connect Iraq […]
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 […]
