By George Bevir
The CEO of Zain Iraq has issued a stark warning to telecom operators looking to invest in the country, comparing the actions of the country’s ministry of telecommunications to the practices of Stalinist Russia.
The comments were made as UAE incumbent Etisalat, fresh from being stripped of its licence to establish an operator in Iran after it fell out with its Iranian investment partner, is reported to be interested in bidding for a fourth mobile licence in the country. Turkcell and US operator Verizon are also reported to be interested the licence, which according to a report from Bloomberg, will be issued within three months.
“Unfortunately we have an Iraqi government that has a very, very strongly anti-investment,” Zain CEO Ali Al Dahwi told CommsMEA at the Arab Advisors conference in Amman, Jordan. (more)
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