Iraq expects fourth mobile license to fetch between $1 billion and $2 billion

General

Speaking to Reuters recently, Iraq’s communications minister, Mohammed Allawi, said he believes the auction for a fourth mobile phone operator license at the end of this year could fetch between $1 billion and $2 billion. Similarly, Allawi said that the licensing fees, installation and equipment required to install a new network would cost between $1 billion and $2 billion. 40% of the revenues raised from the auction would be given to the mobile operator, 35% would be given to the public, and the final 25% would be given to Iraq’s communication ministry. In 2007 AsiaCell, Korek Telcom, and Zain paid $1.25 billion each for 15-year mobile phone operator licenses. Allawi hopes that the fourth license will be used for faster data networks. “Regarding the fourth license, the most important thing about it is that we are going for more advanced technology,” Allawi said. ”Until this moment, we have no 3G in Iraq, we have no 4G. We have only GSM.”

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6 Comments
  • @j_nathaniel

    No 3g?! No wonder there is so much anger there.

  • Anonymous

    BlackBerry is perfect for GSM networks.

  • Anonymous

    And 3G is exactly what the people down there need. How else would they get their porn? How can anyone expect any progress with no porn to cool spirits down? Just outrageous.

    • Researcher

      Ohhh right, so you use your 3G for porn! Good point.

  • Chut Pata

    $1billion is half the amount US is spending on military every month over there.

  • Dave

    I have some friends there and they said they pay 4 cents a minute for mobile prepaid! and every incoming call is free!! even if you don’t have a cent on the prepaid sim card!.

    its funny that north Americans get ripped off more than any nation in the world!

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