Zain Iraq Launches “3.9G” Services

[k98nights]

Zain Iraq Launches “3.9G” Services

Posted on 08 January 2015

Zain Iraq Launches “3.9G” Services

By John Lee.

Zain Group has announces that its mobile operation in Iraq launched 3.9G voice and data services across the country on January 1, 2015.

The launch came following the finalization of an agreement with Iraq’s Communications and Media Commission (CMC) on November 10, 2014, which culminated in Zain Iraq making an initial 25% payment towards the overall 3G spectrum fee of US$307 million.

Zain Iraq marked the official launch of the 3.9G service with a video call on New Year’s Eve to the Iraqi Minister of Telecommunications, Hassan Al Rashid.

Three leading global technology solution providers, namely Ericsson, Huawei, and Nokia Networks were commissioned early in 2014 to expand and upgrade Zain Iraq’s network thus allowing the operator to quickly roll-out 3.9G commercial services across the country upon granting of the license.

Commenting on the significance of the 3.9G launch in Iraq, Zain Group CEO, Scott Gegenheimer (pictured) said:

“Today marks a new era of mobile telecommunications in Iraq as the introduction of high-speed mobile services will have an enormous impact on Iraq’s economic prosperity, enhancing local activity and act as a stimulus in attracting new investment into the country, further creating jobs and increasing national output.”

Zain Iraq Chief Operations Officer, Wael Ghanayem noted:

“Zain Iraq has invested heavily in expanding and upgrading the network and now customers in Iraq can enjoy and benefit from widespread 3.9G coverage. Given the country’s low broadband penetration rate of 15% and our solid customer base of over 13.3 million coupled with the rollout of new individual and corporate mobile services accompanying the high speed technology, we foresee significant growth in all our key financial metrics through the introduction of 3.9G in the country.”

(Source: Zain)

http://www.iraq-businessnews.com/2015/01/08/zain-iraq-launches-3-9g-services/

[new york kevin]

That's another Iraqi stock to write down and invest in!

[moneysoon]

That's another Iraqi stock to write down and invest in!

 

Yup, but it will be a while. We have been waiting for the announcement for some time now.

[Laid Back]

Another step forward for iraq.!

Go Iraq

Go technology

Go communications

[Catluver67]

Wow that's almost 4G! : )

[zzztop]

Why would they wait until a week after the fact to announce this?  hmmmm

[Catluver67]

Why would they wait until a week after the fact to announce this? hmmmm

Cause 3.9G is not quite as fast as 4G...they actually wrote the press release last week but it took till today to finally upload...

[sandfly]

THANKS