Zain Iraq is a mobile phone operator in Iraq owned by the Zain group. The company was formed in December 2007 after Zain purchased Iraqna from Orascom Telecom for US$1.2 billion, and merged it with its existing Iraqi operator MTC Atheer.
Iraqna launched operations in Iraq in December 2003
, after the fall of Saddam Hussein
regime in Iraq
, then with an exclusive license to provide mobile telephony
services in Iraq’s central region. Despite tough market conditions, the scope was extended to cover other areas in Iraq where at December 1, 2007 it covered 99% of the central region of Iraq
and approximately 90% of the southern region spanning some 7000 km.
MTC Atheer was awarded a 15 year nationwide license in August 2007 for US$1.25 billion.
The operation provides a range of prepaid
voice, data and multimedia
telecommunications services, serving more than 3 million customers.