Orascom plans TV network in Iraq

Egypt's Orascom Telecom, holder of the mobile telephone license in Iraq, has announced plans to launch a $25 million private television network in Iraq.

    Orascom has won a licence to set up a mobile network in Iraq

    "We are in the process" of launching a television station dubbed Hawa (wind in Arabic) in Iraq, a company executive told AFP on Wednesday, saying the deal has not yet been finalised. 

    The executive said Orascom had obtained an "agreement in
    principle" from the US-appointed interim Governing Council of Iraq to set up a network. 

    Orascom Telecom, led by Egyptian business tycoon Naguib Sawires, won a licence in October to set up a mobile telephone network in central Iraq that is expected to be operational at the end of January. 

    The company is hoping to emerge as the top mobile telephone provider in the Middle East and Africa.

    Orascom has been short-listed in Iran and is bidding for a contract in Saudi Arabia, according to the official.

    SOURCE: AFP


    YOU MIGHT ALSO LIKE

    Cricket World Cup 2019 Quiz: How many runs can you score?

    Cricket World Cup 2019 Quiz: How many runs can you score?

    Pick your team and answer as many correct questions in three minutes.

    Visualising every Saudi coalition air raid on Yemen

    Visualising every Saudi coalition air raid on Yemen

    Since March 2015, Saudi Arabia and a coalition of Arab states have launched more than 19,278 air raids across Yemen.

    Why did Bush go to war in Iraq?

    Why did Bush go to war in Iraq?

    No, it wasn't because of WMDs, democracy or Iraqi oil. The real reason is much more sinister than that.