Zain’s Iraqi subsidiary has been granted a 3G license by the telecoms regulator.
Zain Iraq just lately paid the primary instalment price amounting to US$seventy six.seventy five million representing 25% of the general 3G spectrum charge of USD307 million.
In anticipation of receiving the 3G spectrum license, Zain Iraq commissioned Ericsson, Huawei and Nokia Networks to increase and improve the community with Single-RAN expertise, thus permitting Zain Iraq to rapidly roll-out 3G business companies throughout the nation.
Commenting on the award of 3G spectrum, Zain Group CEO, Scott Gegenheimer mentioned, “Zain views the launch of 3G providers in Iraq as a whole recreation-changer for the nation, which right this moment measures lower than 15% broadband penetration. We have now already invested closely in making the community 3G prepared and our goal is to be commercially operational by January 2015, permitting Iraqi clients to get pleasure from and profit from widespread 3G protection.”
As of as we speak, knowledge associated revenues (excluding SMS and Worth Added Providers) characterize solely four% of Zain Iraq’s complete revenues reflecting an annual progress charge of 12%.
Zain Iraq employs over three,000 workers and is the most important operator within the nation with over four,000 cell community websites serving thirteen.three million prospects.