Korek Telecom: An Iraqi Telecom with Nationwide Coverage

Ghada Gebara, CEO of Korek Telecom

Korek Telecom is a big player in Iraq with a nationwide coverage. Korek's market share now stands at 15.7%. The Iraqi telecom operator offers the best quality and price. Also, a year ago Orange and Agility became Korek's partners, bringing in finance and know-how. Mrs. Gebara also discusses the 3G connection in Iraqi Kurdistan and the story of Korek going IPO.

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Korek Telecom: An Iraqi Telecom with Nationwide Coverage

Ghada Gebara, CEO of Korek Telecom

Korek Telecom is a big player in Iraq with a nationwide coverage. Korek's market share now stands at 15.7%. The Iraqi telecom operator offers the best quality and price. Also, a year ago Orange and Agility became Korek's partners, bringing in finance and know-how. Mrs. Gebara also discusses the 3G connection in Iraqi Kurdistan and the story of Korek going IPO.

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Telecommunication Companies in Iraq & Kurdistan | Telecom List

Telecommunication Companies in Iraq & Kurdistan

Top Telecommunication Companies in Iraq & Kurdistan

 Zain Iraq - 53% market share
 AsiaCell - 31% market share 
 Korek Telecom - 15.7% market share

Introduction to the Telecom Sector in the Kurdistan Region of Iraq

penetration rate in the telecom sector stands around 75-78%, which is below penetration rates of the other Arab countries where it is 100% (for example 110% internet penetration rate in Saudi Arabia). The telecom sector experiences an exponential growth of 11.6%, where the penetration rate went in less than 7 years from 5% to 75%. The largest operator in the market is Zain with a 53% market share, followed by AsiaCell with a 31% market share and Korek Telecom with a 15.7% market share.

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Telecommunication Companies in Iraq & Kurdistan | Telecom List

Telecommunication Companies in Iraq & Kurdistan

Top Telecommunication Companies in Iraq & Kurdistan

 Zain Iraq - 53% market share
 AsiaCell - 31% market share 
 Korek Telecom - 15.7% market share

Introduction to the Telecom Sector in the Kurdistan Region of Iraq

penetration rate in the telecom sector stands around 75-78%, which is below penetration rates of the other Arab countries where it is 100% (for example 110% internet penetration rate in Saudi Arabia). The telecom sector experiences an exponential growth of 11.6%, where the penetration rate went in less than 7 years from 5% to 75%. The largest operator in the market is Zain with a 53% market share, followed by AsiaCell with a 31% market share and Korek Telecom with a 15.7% market share.

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Iraqi Airways’ nightmare flight

The first commercial flight by Iraqi Airways to the UK on April 28 turned into a nightmare with the aircraft impounded.
May 4: News Agency AFP reports that the first commercial flight by Iraqi Airways to the UK on April 28 turned into a nightmare as lawyers acting on behalf of Kuwait Airways tried to seize the aircraft.

Kuwait is trying to get recompense for ten aircraft lost in the 1990 invasion by Saddam Hussein, says the report. Up to $1.2 billion is being sought by Kuwait Airways, and it attempted to seize the Boeing 737 as it landed at London's Gatwick Airport, only to be thwarted when it was realised the aircraft was leased from a Swedish company.

Lawyers acting for Kuwait Airways managed to convince authorities at Gatwick that the boss of Iraqi Airways, Kifah Hassan, should be prevented from leaving, his passport and travel documents being confiscated and the aircraft impounded. Hassan may be forced to detail the assets of the state-run Iraqi Airways before a London court, reports the Daily Telegraph.

Iraqi Airways resumes UK flights

Iraqi Airways has begun scheduled flights to the UK after a 20 year gap.
April 28: Iraqi Airways has begun scheduled flights to the UK, the first since the invasion of Kuwait in 1990.

The airline operated the first domestic commercial scheduled service since the fall of Saddam Hussein's regime from Baghdad to Basra on June 4, 2006 with 100 passengers in a Boeing 727-247. The UK service was launched on April 24 with a twice-weekly flight from Baghdad to London Gatwick Airports using Boeing 737 'Classic' airliners, of which the airline operates two 737-200s and one 737-300.