Asia-Cell, a consortium comprising Kuwait's Wataniya Telecom, Asia-Cell Telecomand United Gulf Bank (UGB) of Bahrain has been awarded the tender for the GSM license in northern Iraq.
UGB is acting as sole financial advisor to the Asia-Cell consortium, which now plans to rapidly develop its GSM network in northern Iraq, where it already caters to around 50,000 subscribers.
Asia-Cell is based in Iraq's Sulaymaniya city, where it currently operates a GSM network. Asia-Cell provides voice, SMS and voice-mail services, and also has an international gateway.
The Asia-Cell network deployment program will commence immediately after signing of the license. Within two months, the existing Asia-Cell network is planned to expand to provide coverage to other areas in the northern region. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
