Iraq Cellphone License Auction
Published August 15th, 2007
The Iraqi government announced on Tuesday that an auction would be held next Thursday in the Jordanian capital Amman for selecting three companies which will set up three networks of mobile phones in Iraq.
“The cabinet discussed during today’s session the auction of the mobile phones and steps taken for providing legal and legitimate circumstances for the success of the auction,” the spokesman for the Iraqi government Ali al-Dabagh said in a statement received by the independent news agency Voices of Iraq (VOI).
“Five companies will compete in the auction: Atheer, Orascom, Asiacell, Korek and Turkcell,” he added.
“The auction is due on Thursday August 16,” he also said.
The spokesman asserted the government’s keenness on implementing the operation with transparency, professionalism and neutrality.
“Iraqi citizens may possess as much as 45% of the three companies’ shares, and the Iraqi government would receive 18% of the companies’ annual profits,” al-Dabagh said in the statement.
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