Iraq's Korek Telecom Looking at 3G Launch Later this Year
Published on: 15th Mar 2012
Note -- this news article is more than a year old.
The Iraqi mobile network operator, Korek Telecom says that it aims to launch a 3G network later this year, but is waiting for the government to release the necessary radio spectrum.
"The promise of the regulator and the ministry is we should have 3G soon, so we are waiting for them to figure it out," the company's Ghada Gebara, Korek chief executive told the Reuters news agency.
"We already have the right to use any technology we want in our licence, the idea is to get the right frequency," she said.
Korek Telecom holds a commanding market share in the North of the country, where it originally launched its services, but has struggled against the two larger networks in the rest of the country.
A year ago, a joint venture between France Telecom (46%) and logistics company Agility (54%) bought a 44% in the company. The investment funding was to be used in part for license purchases and also to expand its network coverage outside its Northern base.
On the web: Reuters