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Iraqi mobile operators pay USD 307 million for 3G licece [Kuwait News Agency](Kuwait News Agency Via Acquire Media NewsEdge) BAGHDAD, Nov 10 (KUNA) -- The Iraqi Communications and Media Commission (CMC) has signed a 3G service contract with three main mobile operators operating in Iraq at a cost of USD 307 million each. Under the contract, the three mobile network operators: Zain Iraq, Asiacell and Korek, can utilize the 3G spectrum in return for USD 307 million each, with the sum to be paid in four installments, CMS Chairman Safaeddin Al-Rabea told KUNA. The move is expected to create a quantum jump in communication services in Iraq, thus positively reflecting on the economic situation in general, he added. The signing ceremony was attended by Iraqi Prime Minister Haider Al-Abadi, Foreign Minister Baqir Jabr Al-Zubeidi and representatives from the three mobile communication providers. (end) ahh.mt All KUNA right are reserved (c) 2014 Provided by SyndiGate Media Inc. (Syndigate.info). |