23 Aug 2010
(MENAFN) The Chief Executive Officer at Zain Iraq said that the telecoms firm Zain will start operating in Iraqi Kurdistan in January and expects to boost its subscriber base by up to two million in 2011, Reuters reported.
He pointed out that Zain group, the Gulf region’s third-largest telecoms firm by value, would continue to invest in Iraq, a key high-growth market, and expected revenue for 2011 to be up at least 15-20 percent.
Zain is the biggest operator in the country and has invested $4.5 billion in its network after securing a 15-year license for $1.25 billion in 2007. It has around 54 percent of the market share and competes with AsiaCell and Korek, which is based in Iraq’s Kurdish-run north.
The Iraqi government, which last July approved a plan for a fourth mobile phone operator in the virgin market, has strongly criticized Zain and its rivals for their patchy coverage, and imposed fines.
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more