Investment in Telecommunications Supports Economy
|February 15, 2014||Filled under Other News|
Is the telecommunications sector in Iraq of promising sectors and successful in attracting investment and diversify the revenue budget being one of the investments honest and low-risk relates to securing networks, wireless communications, along with online networks are investigating the feasibility of companies entering new investment specializing in this sector to meet the growing demands in the market local, and make way for new companies.
Witnessing the telecommunications market in Iraq, as stated academic economic Dr Majid Baidhani, in anticipation of the creation of developments where after the launch license the third generation to fit the expectations of consumers of improved services and prices after finding ground for competition between those companies to the diversity of services submitted by them to the public.
Called Baidhani told (morning) to identify current trends and the development of strategic plans key to this sector in Iraq paints a comprehensive picture of the number of subscribers and the amount of revenue accruing to the diversification of the general budget of the country and reduce dependence on the oil sector only.
He added that the number of subscribers exceeded in the mobile services 24 million subscribers in 2011, reflecting the country’s need to enter more mobile phone companies to offer a variety of services as well as companies operating in the country several years ago. He stressed that these figures circulated media and news sites in a timely manner that shows that the demand will increase for these services during the next few years and also will reflect this also on the annual growth rate for Iraq.
Pointed to the need to enter the companies to provide Internet service in Iraq, which has seen the other increasing demands upon due to the completion of certain business through this service in addition to being spread largely among the public after the expansion of the scope of their own sites to communicate social online.
Pointed to the existence of the risks you may encounter doing business investment in Iraq, stressing that there is in contrast tremendous opportunities, front companies to seize and to contribute to the development of services increasingly need day after day in the country.
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