Qatar increases share in Iraq’s Asiacell to 64 percent

An Iraqi man walks past an advert for the Asiacell, a mobile phone provider, in Baghdad on February 3, 2013, as Iraq's second largest mobile operator debuted on the Baghdad bourse in the country's first major stock flotation and after pressure from the media regulator for it to be publicly listed. Asiacell, which is majority-owned by Qatar Telecom, offered 67.503 billion shares, representing 25 percent of the total share capital, according to a statement on the Iraq Stock Exchange (ISX). AFP PHO

A version of this article appeared in the print edition of The Daily Star on February 05, 2013, on page 6.




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