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Zain Set For $100m Iraq Investment
Published Mar 28, 2011
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Emad Makiya, CEO of the Iraqi unit of Kuwait-based mobile operator, has said its Iraqi unit plans to spend $100m as part of its plan to expand through the entire Kurdish region over the next five months. Zain Iraq also submitted legal documents to appeal against a $262m fine by the Iraqi government for breaching its license by putting 5 million SIM cards in the local market without permission, Makiya said.
Posted by
VMD - [Virtual Marketing Department]
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