k98nights Posted December 8, 2010 Report Share Posted December 8, 2010 Iraq’s Asiacell May Float on Stock Market Posted on 07 December 2010. Qatar Telecom QSC, the country’s largest company by revenue, is mulling plans to sell shares to the public in its Iraqi unit in two years, according to its chief strategy officer. “We are beginning to think now about doing an IPO in Baghdad,” Jeremy Sell said at a presentation in the Qatari capital Doha today. “We are going to start now. We are going to start planning for an IPO that is two years away.” Qatar Telecom, called Qtel, owns shares in subsidiaries from Algeria to the Philippines including Iraq’s Asiacell. The company has sought to expand overseas because of increased competition in its home market following the entry of Vodafone Qatar last year. France Telecom is understood to be close to a deal to buy a stake in Asiacell’s competitor, Korek. (Source: Bloomberg) http://www.iraq-busi...n-stock-market/ Link to comment Share on other sites More sharing options...
mark_mich266 Posted December 8, 2010 Report Share Posted December 8, 2010 Thanks for the tip (post), Woody!! Link to comment Share on other sites More sharing options...
k98nights Posted December 8, 2010 Author Report Share Posted December 8, 2010 I know... I want in on this! Link to comment Share on other sites More sharing options...
Soldiering4U Posted December 8, 2010 Report Share Posted December 8, 2010 me too man... again another good post... Link to comment Share on other sites More sharing options...
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