Asiacell


Asiacell Iraq Grows Revenues

By John Lee.

Asiacell Iraq has benefitted from improvements in the security and economic situation in the country, according to its parent, the Qatari company Ooredoo.

In its results for the first nine months of 2018, the company said:

With more areas liberated and network restoration underway, Asiacell reported a 3% increase in Revenue to QAR 3.5 billion at 9M 2018, compared to the same period last year.

“EBITDA was up 8% to QAR 1.6 billion, growing at a faster rate than revenue and reflecting good efficiency management.

Customer base increased 6% to 13.3 million customers for the 9M 2018 period, and Asiacell received the prestigious CARE award for its excellence in customer care service.”

(Source: Ooredoo)

(Picture: Faruk Mustafa Rasool, Chairman of Asiacell)

$1.6bn Investment in a New Tourist City

By John Lee.

Asiacell boss Faruk Mustafa Rasool (pictured) has announced a $1.6-billion investment in a new tourist city on Kurdistan’s Lake Dukan.

According to the report from Rudaw, the 3,250-hectare complex will include accomodation, two cable cars, an island, “and many other interesting places”.

The Kurdistan Regional Government (KRG) approved the project, which is is expected to create 26,000 jobs, in 2013, but it was delayed by land disputes and the process of compensating local land owners.

Mustafa is the owner of Asiacell and chairman of Faruk Holding Company.

More here from Rudaw.

(Source: Rudaw)

ONEm Partners with Asiacell Iraq

UK-based ONEm is partnering with Asiacell to bring unlimited news and entertainment content from Reuters to Iraq.

Asiacell subscribers can now exclusively access global news on any mobile device.

The #Reuter service provides full coverage of real time news and entertainment content in Arabic delivered by SMS.

Users interact with the #Reuter service menu by SMS and receive their chosen category of news and entertainment content from returned SMS, enjoying unlimited use of the service for 600 IQD per week.

(Source: ONEm)

Asiacell Revenues Up

By John Lee.

Qatar-based Ooredoo has announced that revenue at its Asiacell subsidiary in Iraq increased 6 percent to QAR 4.5 billion, while and EBITDA increased 3 percent to QAR 2.0 billion, for the year ended 31th December 2017.

EBITDA margin was put at 44 percent.

In a statement, the company said:

A key opportunity in 2017 was restoring our network sites in the liberated areas and helping customers living there to reconnect to our services.

“As a result, Asiacell increased customer numbers by 8% to reach almost 13 million as network recovery advanced in the liberated areas in the north and west of the country.

(Source: Ooredoo)

Asiacell Revenues Up 11%

By John Lee.

Ooredoo Group has reported that to reactivation of its sites in Mosul has contributed to an 11% increase in Asiacell‘s customer base (12.5 million customers) in the first nine months of 2017.

Revenue increased 6% to QAR 3.3 billion, “demonstrating Asiacell’s leadership in the market despite the difficult political and economic situation“, the company said in a statement.

EBITDA also increased 2% for the period, reaching QAR 1.5 billion, positively impacted by the increased revenue and good control of operating expenses. Good operational efficiency and cost control helped to maintain the EBITDA margin at 45%.

(Source: Ooredoo Group)

Asiacell Revenues Up 11%

By John Lee.

Ooredoo Group has reported that to reactivation of its sites in Mosul has contributed to an 11% increase in Asiacell‘s customer base (12.5 million customers) in the first nine months of 2017.

Revenue increased 6% to QAR 3.3 billion, “demonstrating Asiacell’s leadership in the market despite the difficult political and economic situation“, the company said in a statement.

EBITDA also increased 2% for the period, reaching QAR 1.5 billion, positively impacted by the increased revenue and good control of operating expenses. Good operational efficiency and cost control helped to maintain the EBITDA margin at 45%.

(Source: Ooredoo Group)

Govt demands Asiacell & Korek Relocate to Baghdad

By John Lee.

Mobile phone operators based in Iraqi Kurdistan have reportedly been told by the Iraqi government to move their headquarters to Baghdad, following the region’s recent vote for independence.

Asiacell is based in the Kurdish city of Sulaymaniyah, while Korek is based in Erbil; Zain, however, is based in Baghdad.

According to a report from Reuters on Tuesday, neither Asiacell nor Korek has received any formal demand to move.

(Source: Reuters)

Asiacell Revenues Boosted by Mosul Liberation

By John Lee.

Asiacell Iraq has announced 4 percent growth in revenues from QAR 2.1 billion ($570 million) in H1 2016 to almost QAR 2.2 billion ($600 million) in H1 2017.

The customer base increased 13 percent to reach more than 12 million customers in H1 2017.

EBITDA decreased by 3 percent and stood at QAR 972 million due to network investments to accommodate high data demand as well as reconnection cost in the liberated areas.

According to a statement from the company’s Qatar-based owner Ooredoo, growth was stimulated by improvements in the political situation. “With further areas in Mosul being liberated during the first half of the year, network reconnection helped to drive the increase in customer numbers,” it said.

(Source: Ooredoo)

Asiacell Customer Numbers “Increased Significantly”

In its Q1 results, Ooredoo reports that its Iraqi division Asiacell maintained profitability and data market leadership in what it described as a “challenging economic and political environment”.

Customer numbers increased significantly by 13% to reach 12 million customers following network reconnection in liberated areas of the country.

Asiacell maintained stable revenues of QAR 1.1 billion in Q1 2017, representing a slight decrease of 1% compared to Q1 2016.

EBITDA was QAR 479 million, representing a 2% decrease from Q1 2016, while EBITDA margin remained at a healthy level of 45% due to ongoing cost optimization efforts.

(Source: Ooredoo)

Wikipedia “Data Free” in Iraq

Today, Wikimedia community members in Iraq, the Wikimedia Foundation, and Asiacell, one of Iraq’s largest mobile operators, announced a new partnership to provide access to Wikipedia free of mobile data charges to Asiacell’s nearly 12 million subscribers in Iraq. The partnership was announced today at a press event hosted by Ooredoo during Mobile World Congress 2017.

The partnership, developed in large part by Iraqi volunteer editor and Asiacell employee, Sarmad Saeed Yaseen, marks the first Wikipedia Zero program in Iraq. The program, overseen by the nonprofit Wikimedia Foundation, addresses one of the greatest barriers to internet access globally: affordability.

In a recent phone survey in Iraq led by the Wikimedia Foundation, roughly 80% of surveyed participants reported that mobile data costs limited their use of the internet. About 33% of participants also reported rarely or never being able to find online content in their preferred language.

Through the Wikipedia Zero program, mobile data fees are waived for subscribers of participating mobile operators so that they may read and edit Wikipedia without using any of their mobile data.

Sarmad, who is part of a community of local volunteer Wikipedia editors in Iraq, started the partnership to extend access to knowledge in his home country of Iraq. Together, he and his wife, Ravan Jaafar Altaie, have been active editors (or Wikipedians) since 2008.

“I’ve always believed that it is better to light a candle than curse the darkness, so I decided to volunteer in Wikipedia to provide knowledge for free to my people in their own language,” said Sarmad Saeed Yaseen.

“When I was first introduced to Wikipedia Zero, I felt right away that this could be the best thing ever to share free knowledge in my country and encourage the people of Iraq to contribute knowledge and share this with the world on Wikipedia.”