Tuesday, August 30, 2011
Breitlings Afternoon Report 8/30/2011
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio
"If you Knew you could not fail, what would you try today?"
Phillippians 4:13
Telecom Company's on my ISX watch list all three talking about IPO on the ISX exchange
Breitlings Telecom-watch list
1.Zain
2.Asiacell
3.Korek
The telecom sector in Iraq has witnessed enormous growth over the past few years, but with security still a problem and operators voicing concerns about an uncertain regulatory regime, maintaining growth could be a challenge.
A word that is often associated with the telecom sector in Iraq is “potential”, and although it is true that there is still room for plenty of further growth, such a description perhaps overlooks the considerable gains that have already been made. The Middle East’s telecom majors that lack a presence in the country are keen to expand into Iraq, and for those that already have a presence it is an important market and considerable source of revenue.
The market leader in the mobile sector in Iraq is Zain, with just over 10.1 million customers, according to the operator’s last set of results. That figure is up from 7.9 million during the first half of last year, an increase of 28%. Iraq is an important market for the Kuwait-based telco as it provides 16% of Zain’s total revenue.
Rival Asiacell is 30% owned by Qatar-based Qtel and it plays a similar role in the fortunes of the Qatar-based group; during the first half of the year Asiacell provided 15.8% of Qtel’s total revenue, behind only Qtel’s domestic operation in Qatar and recent-acquisition Indosat.
Like Asiacell, Korek began life in the north of the country. As the third largest operator by subscriber numbers, Korek says it is “committed to providing the best mobile telephony products and services to Iraqi Kurdistan and to the whole Iraq”. It describes its coverage north of Kirkuk and to the east of Mosul as “high”, and the service 100 miles south east of Kirkuk as “variable”. This is set to improve, the operator says, with plans to invest US$100 million to expand its mobile network across the country with the aim of increasing subscribers to four million over the next few years. Last year, it was announced that Asiacell would invest $1 billion in a network expansion drive, and Mai Barakat, analyst, Informa Telecoms and Media, says that Korek and Asiacell’s “aggressive network expansion strategies” have helped them to win more customers over the past few months.
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
1.Zain
2.Asiacell
3.Korek
The telecom sector in Iraq has witnessed enormous growth over the past few years, but with security still a problem and operators voicing concerns about an uncertain regulatory regime, maintaining growth could be a challenge.
A word that is often associated with the telecom sector in Iraq is “potential”, and although it is true that there is still room for plenty of further growth, such a description perhaps overlooks the considerable gains that have already been made. The Middle East’s telecom majors that lack a presence in the country are keen to expand into Iraq, and for those that already have a presence it is an important market and considerable source of revenue.
The market leader in the mobile sector in Iraq is Zain, with just over 10.1 million customers, according to the operator’s last set of results. That figure is up from 7.9 million during the first half of last year, an increase of 28%. Iraq is an important market for the Kuwait-based telco as it provides 16% of Zain’s total revenue.
Rival Asiacell is 30% owned by Qatar-based Qtel and it plays a similar role in the fortunes of the Qatar-based group; during the first half of the year Asiacell provided 15.8% of Qtel’s total revenue, behind only Qtel’s domestic operation in Qatar and recent-acquisition Indosat.
Like Asiacell, Korek began life in the north of the country. As the third largest operator by subscriber numbers, Korek says it is “committed to providing the best mobile telephony products and services to Iraqi Kurdistan and to the whole Iraq”. It describes its coverage north of Kirkuk and to the east of Mosul as “high”, and the service 100 miles south east of Kirkuk as “variable”. This is set to improve, the operator says, with plans to invest US$100 million to expand its mobile network across the country with the aim of increasing subscribers to four million over the next few years. Last year, it was announced that Asiacell would invest $1 billion in a network expansion drive, and Mai Barakat, analyst, Informa Telecoms and Media, says that Korek and Asiacell’s “aggressive network expansion strategies” have helped them to win more customers over the past few months.
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
renewed support of the United Nations for Iraq
Melkert renewed support of the United Nations for Iraq to reach solutions to all outstanding problems of international work of the Organization
29 August, 2011 11:13:00
New Special Representative of the Secretary-General of the United Nations in Iraq, Ad Melkert to support the International Organization for Iraq to reach solutions to all outstanding problems related to the work of the United Nations, particularly the issue of Camp Ashraf and the need to apply the Council of Ministers decision on deportation of its population outside of Iraq at the end of this year. This came during a meeting with Prime Minister Nuri al-Maliki is in Baghdad at the end of his duties.
For his part, Maliki Melkert thanked for his efforts during the performance of his duties in Iraq, pointing out that what he had done Melkert that constitute the basis on which those who come after him.
Melkert called for the Prime Minister to visit United Nations Headquarters in New York, noting that it has received a lot of progress and achievements in Iraq, pointing to the need for a presentation to the international organization.
On the other hand headed commander of the armed forces of Prime Minister Nuri al-Maliki at his office Sunday the official meeting to discuss the security situation in the province of Nineveh, in a comprehensive manner, in addition to border security and border crossings.
The meeting included Chairman of the Provincial Council and officials and the leaders of the security, as well as members of the House of Representatives for the province of Nineveh.
Maliki confirmed the need to give particular importance to the province of Nineveh because of its prestige among the Iraqi provinces.
The meeting concluded the need to work collectively and the necessity of coordination and cooperation between all security agencies and officials in the province.
It was also stressed to accelerate the completion of the military and security units that suffer from a lack of kit and number.
The commander of the armed forces should be the security services is far from politicization, and work to provide security for all citizens without exception.
It was also during the meeting also stressed on the follow-up administrative and security decisions made earlier concerning the preservation and assessment of the application.
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
29 August, 2011 11:13:00
New Special Representative of the Secretary-General of the United Nations in Iraq, Ad Melkert to support the International Organization for Iraq to reach solutions to all outstanding problems related to the work of the United Nations, particularly the issue of Camp Ashraf and the need to apply the Council of Ministers decision on deportation of its population outside of Iraq at the end of this year. This came during a meeting with Prime Minister Nuri al-Maliki is in Baghdad at the end of his duties.
For his part, Maliki Melkert thanked for his efforts during the performance of his duties in Iraq, pointing out that what he had done Melkert that constitute the basis on which those who come after him.
Melkert called for the Prime Minister to visit United Nations Headquarters in New York, noting that it has received a lot of progress and achievements in Iraq, pointing to the need for a presentation to the international organization.
On the other hand headed commander of the armed forces of Prime Minister Nuri al-Maliki at his office Sunday the official meeting to discuss the security situation in the province of Nineveh, in a comprehensive manner, in addition to border security and border crossings.
The meeting included Chairman of the Provincial Council and officials and the leaders of the security, as well as members of the House of Representatives for the province of Nineveh.
Maliki confirmed the need to give particular importance to the province of Nineveh because of its prestige among the Iraqi provinces.
The meeting concluded the need to work collectively and the necessity of coordination and cooperation between all security agencies and officials in the province.
It was also stressed to accelerate the completion of the military and security units that suffer from a lack of kit and number.
The commander of the armed forces should be the security services is far from politicization, and work to provide security for all citizens without exception.
It was also during the meeting also stressed on the follow-up administrative and security decisions made earlier concerning the preservation and assessment of the application.
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
Breitlings Morning talk 8/30/2011
Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13
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