3G Licences “at Least $307m Each”
By John Lee. Ahmed Alomary, a former commissioner at the Communications and Media Commission (CMC), told Reuters that Iraq plans to auction third-generation (3G) telecommunications licences for a...
View ArticleOoredoo hits out at Iraq Delays
By John Lee. Qatari telecommunications operator Ooredoo, which owns the Iraqi mobile phone company Asiacell, has hit out at prices quoted by the Iraqi government for a long-delayed auction for 3G...
View ArticleAsiacell Profits Fall
By John Lee. Mobile operator Asiacell has posted a 12.2 percent drop in annual net profit. Reuters reports that the company, part of Qatar-based Ooredoo, made a net profit of 581 billion dinars...
View ArticleAsiacell Sales Decline
By John Lee. Mobile operator Asiacell has posted an 8 percent drop in sales in the first half of 2014, due to the security situation and increased competition. In its first half results its parent...
View ArticleZain Maintains Plan for IPO
By Patrick M Schmidt. Despite more than a three year delay and the current security situation in Iraq, Zain has announced that they still intend to commit to their initial public offering. “Against the...
View Article$307m Bill for 3G Spectrum
By John Lee. Iraq is reportedly seeking $307 million [358 billion Iraqi dinars] from each of the country’s three mobile phone operators for spectrum to run 3G (third-generation) services. According to...
View ArticleAsiacell Revenues Down 10%
By John Lee. In its results for the first nine months of 2014, Qatari telecom provider Ooredoo has reported that revenues at its Iraqi unit Asiacell are down 10 percent. The company gave the following...
View ArticleAsiacell: Customers Up, Profits Down
By John Lee. Qatar-based Ooredoo has reported that its Iraqi subsidiary, Asiacell, substantially grew its customers during the year, increasing by 15% to 12.3 million compared to 10.7 million at FY...
View ArticleZain Iraq to start Trading soon on ISX
By John Lee. Reuters reports that Zain Iraq will list on the Baghdad Stock Exchange (ISX) on 23rd June. Under the terms of its 15-year licence awarded in 2007, the company, along with Iraq’s two other...
View ArticleAsiacell Reactivating Parts of its Network
By John Lee. In its 3Q statement to the markets, Asiacell‘s owner Ooredoo has said that its overall financial performance was impacted by the security situation in Iraq. Asiacell recorded improved...
View ArticleAsiacell Expands Mobile Financial Services
Ooredoo is expanding its mobile financial services (MFS) following the launch of AsiaHawala exclusively with Asiacell, part of Ooredoo Group, in December 2015. AsiaHawala is the first-ever mobile money...
View ArticleAsiacell Revenues Sharply Down
As part of its results statement for the twelve months to 31st December 2015, Qatar-based Ooredoo gave the following update for its Asiacell mobile telecom operation in Iraq: “Asiacell was impacted by...
View ArticleAsiacell: Revenue Down, Profit Up
In its results for the first half of 2016, Qatar-based Ooredoo said that its Iraqi mobile phone business Asiacell continued to be impacted by the security situation, the challenging economic...
View Article“Dysfunctional Banking System” affects Asiacell Business
By John Lee. In its results for the first nine months of the year, Qatar-based Ooredoo said this morning that business at its Iraqi subsidiary Asiacell is still affected by the political and economic...
View ArticleAsiacell Revenues Fall 14%
By John Lee. Qatar-based Ooredoo has announced that its Iraqi unit Asiacell has maintained its No.1 revenue market share position, but its revenues have fallen 14 percent: In its FY 2016 Earnings...
View ArticleWikipedia “Data Free” in Iraq
Today, Wikimedia community members in Iraq, the Wikimedia Foundation, and Asiacell, one of Iraq’s largest mobile operators, announced a new partnership to provide access to Wikipedia free of mobile...
View ArticleAsiacell Customer Numbers “Increased Significantly”
In its Q1 results, Ooredoo reports that its Iraqi division Asiacell maintained profitability and data market leadership in what it described as a “challenging economic and political environment”....
View ArticleAsiacell Revenues Boosted by Mosul Liberation
By John Lee. Asiacell Iraq has announced 4 percent growth in revenues from QAR 2.1 billion ($570 million) in H1 2016 to almost QAR 2.2 billion ($600 million) in H1 2017. The customer base increased 13...
View ArticleAsiacell Revenues Up 11%
By John Lee. Ooredoo Group has reported that to reactivation of its sites in Mosul has contributed to an 11% increase in Asiacell‘s customer base (12.5 million customers) in the first nine months of...
View ArticleAsiacell Revenues Up
By John Lee. Qatar-based Ooredoo has announced that revenue at its Asiacell subsidiary in Iraq increased 6 percent to QAR 4.5 billion, while and EBITDA increased 3 percent to QAR 2.0 billion, for the...
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