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Etisalat Plans Expansion to Iraq

UAE-based operator Etisalat is preparing to enter the Iraq market. CEO Mohammad al-Qemzi told the Financial Times that the company was in talks with an existing operator to form a new mobile joint venture based in the Kurdish region of Iraq. The UAE company was also holding talks with the Kurdish regional government over the deal, he said. Two of Iraq's three mobile licences are held by Gulf groups - MTC and Qtel. The third licence was bought by the Kurdish company, Korek Telecom. Hameed Akrawi, deputy chief executive of Korek, said he had been in discussions with several companies, including Etisalat. "We are still continuing discussions with them but we have no final agreement," Akrawi told the FT, declining further comment.


Source:
http://www.telecompaper.com/news/article.aspx?id=205438

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