Zain Iraq Granted a 3G Operator License
Published on: 16th Nov 2014
Note -- this news article is more than a year old.
Zain's Iraqi subsidiary has been granted a 3G license by the telecoms regulator.
Zain Iraq recently paid the first instalment fee amounting to US$76.75 million representing 25% of the overall 3G spectrum fee of USD307 million.
In anticipation of receiving the 3G spectrum license, Zain Iraq commissioned Ericsson, Huawei and Nokia Networks to expand and upgrade the network with Single-RAN technology, thus allowing Zain Iraq to quickly roll-out 3G commercial services across the country.
Commenting on the award of 3G spectrum, Zain Group CEO, Scott Gegenheimer said, "Zain views the launch of 3G services in Iraq as a complete game-changer for the country, which today measures less than 15% broadband penetration. We have already invested heavily in making the network 3G ready and our target is to be commercially operational by January 2015, allowing Iraqi customers to enjoy and benefit from widespread 3G coverage."
As of today, data related revenues (excluding SMS and Value Added Services) represent only 4% of Zain Iraq's total revenues reflecting an annual growth rate of 12%.
Zain Iraq employs over 3,000 staff and is the largest operator in the country with over 4,000 mobile network sites serving 13.3 million customers.