Tuesday 19 June 2018

Iraq fines Asiacell, Korek for failing to list

Iraq's communications regulator has decided to fine mobile phone operator Asiacell $8,500 per day since September 1, 2011 for failing to list on the local stock exchange, a senior official at the body said on Tuesday. Ahmed Alomary, commis


France Tel, Agility to buy stake in Iraq's Korek

France Telecom and Kuwaiti logistics group Agility are to acquire a 44 per cent stake in fast-growing Iraqi mobile operator Korek Telecom, the groups said in a joint statement on Monday. The two groups will form a joint venture, 54 per cen


Etisalat says no MoU signed with Iraq's Korek

Etisalat, the leading telecom service provider in the UAE, has not signed any memorandum of understanding to buy a majority stake in Iraq's Korek Telecom, its chief financial officer said in a statement on Tuesday. Etisalat's CFO S


Ericsson aids telecom growth in Iraq

Ericsson, a world leading telecom technology supplier, will provide coverage and capacity in central and southern Iraq to meet the expansion planned by one of Iraq’s three nationally-licensed operators. Korek Telecom, which is focused

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