Displaying items by tag: Iraq
Nokia will modernize and expand Zain Iraq's radio networks with its most advanced technologies across Karbala, Najaf and Basra, with a special focus on the holy cities of Karbala and Najaf, to support the expected increase in data and voice traffic during the annual Holy event Zeyara as millions of people converge on the region.
Once completed, the upgrade will allow users to enjoy improved indoor and outdoor coverage in both urban and rural areas as well as increased data throughput, leading to an overall superior customer experience.
“Nokia fully understands Zain Iraq's requirements and is committed to providing leading technologies to enable pioneering services for its subscribers,” said Bernard Najm, head of the Middle East Market Unit at Nokia. “Nokia's solutions cater to the unique connectivity requirements of mass events, and will help Zain Iraq address the expected surge in data and voice consumption during Zeyara.”
Nokia's project management and proven services expertise will be used to expand and modernize Zain Iraq's 2G and 3G network, providing ubiquitous coverage and faster mobile broadband.
Additionally, the Nokia Mass Event Handler will be deployed to address the surge in data and voice consumption expected during Zeyara. The network modernization will allow visitors to remain continuously connected with their loved ones through superior voice and data connectivity during Al Arba'een and beyond.
“Our top priority is to provide superior services for our subscribers,” said Ali Al-Zahid, Chief Executive Officer of Zain Iraq. This network modernization and expansion is only the beginning of providing the best possible service quality and coverage with the most advanced technologies across the overall Karbala and Najaf and rest of sourthern region.”
Al-Zahid said Zain Iraq selected Nokia, its longstanding technology partner, for the important project, as the company is “confident that [Nokia’s] advanced technologies will enable our network to provide such superior services. The current project will also enable a best-in-class mobile experience for visitors to Zeyara when we expect a high turnout this year."
Zain Iraq, a subsidiary of Kuwait’s Zain Group, has selected Ericsson to upgrade its existing network using the Swedish telecom equipment vendor’s virtual Evolved Packet Core (vEPC) offering to meet the growing data demands of its customers in the region.
Under this collaboration, Ericsson will modernize the current infrastructure of Zain Iraq’s network by implementing a solution that will enable the operator to quickly introduce new services for customers, while maintaining high performance network requirements.
Ericsson will modernize Zain Iraq’s existing infrastructure into Ericsson NFV infrastructure (NFVi) solution, which provides a software-defined infrastructure with Hyperscale Datacenter System 8000. Also as part of the solution, Ericsson will provide system integration and support services.
“We trust that Ericsson’s Network Functions Virtualization solution will enable us to meet our strategic goals as well as our customers’ demands, and continue to provide superior performance while meeting growing data needs,” said Ali Al-Zahid, CEO, Zain Iraq.
“This investment and ongoing modernization of our network is yet another example of our dedication to future-proofing our operations for the benefit of all stakeholders,” Al-Zahid added. “It also reflects our commitment to providing the mobile community in Iraq with the highest quality of service available, delivered via cutting edge infrastructure and technology to ensure a superior mobile experience for our customers.”
Rafiah Ibrahim, President of Ericsson Middle East and Africa said: “Iraq is an important market for mobile network development and innovation. As Iraqi users are passionate adopters of new technology, network modernization and adoption of new technologies become critical to meet Iraqi users’ demand for capacity and coverage.”
Despite the socio-economic circumstances coupled with the continuation of intense price competition in Iraq, Zain Iraq achieved US$523 million revenues in Q2 due to growth in data usage and numerous customer acquisition initiatives in the northern regions of the country. The operator’s efficiency drive saw EBITDA reach US$ 179 million, reflecting a 34 percent EBITDA margin. Net income amounted to US$ 11 million for the period.
Zain Iraq leads the market serving 12.9 million customers.
Iraq’s ‘ZainCash’ introduces chanbar.com e-commerce platform to encourage Iraqi online entrepreneursWritten on Tuesday, 21 March 2017 13:17
Iraq Wallet, the country’s leading mobile wallet and digital payment company, announced it has expanded its ‘ZainCash’ service by introducing and launching chanbar.com, a multi-channel, cloud-based e-commerce platform to support Iraqi online entrepreneurs.
Chanbar.com allows small and medium-sized businesses to launch customizable online stores within 24 hours at no charge to the businesses, and is being delivered through. The first of its kind in Iraq, this life-empowering service is available to Zain mobile customers through the mobile operator’s nationwide 3.9G network.
Chanbar.com eliminates the cost and effort related to designing, coding, hosting, integration and other set-up activities, enabling entrepreneurs to kick off their e-commerce projects swiftly. The initiative also encourages off-line merchants to open new digital selling channels effortlessly.
The introduction of Chanbar.com will play an important role in helping develop economic diversification which is fundamental towards the development of Iraq, and is in line with the UN’s Sustainable Development Goals goal 8: “Decent Work and Economic Growth,” which promotes inclusive and sustainable economic growth, full and productive employment and decent work for all.
This online undertaking by Iraq Wallet is ideal for a country like Iraq given the country has one of the most youthful populations in the world, with nearly 50% of its inhabitants being under the age of 19 years. The use of technology has also risen exponentially since 2003, with 78% of Iraqis now using mobile phones and 12% of the population owning a personal computer.
Chanbar.com utilizes Messenger to enhance its e-commerce platform and streamline shopping activities. Given that significant numbers of businesses and end-consumers in Iraq are actively present on Facebook and over 1 billion people use Messenger monthly, leveraging this channel to showcase products, converse with customers, and begin the checkout process is viewed as being a highly effective sales channel.
Customers can view merchant's product catalogs while conversing over Messenger, and are then able to tap through to browse and buy products and services, completing the purchase over chanbar.com.
Commenting on the introduction of this latest e-commerce platform, Yazen Altimimi, CEO of Iraq Wallet said, "We see a lot of talented entrepreneurs in Iraq who only require the tools to start profitable and sustainable businesses. We are keen to support their efforts and believe the Chanbar platform can and will encourage thousands of budding entrepreneurs in Iraq to turn their ideas into reality.”
Altimimi continued, "We are building a forward-looking platform that reflects the latest trends in shopping behavior. We believe utilizing Facebook messenger as another selling vertical is a progressive step given the service’s popularity, and we expect it to prove highly successful.”
Messenger is popular among Iraqi consumers, who spend a substantial amount of time discovering, evaluating, and communicating on Facebook.
Youth development plays a significant role in Zain Group’s corporate sustainability efforts, and this is even more evident in a market such as Iraq given its youthful population and limited formal employment opportunities given the social instability in the country. Thus, Zain continues to be an active player in promoting entrepreneurship, e-commerce and the digital economy in Iraq.
ZainCash Mobile Wallet was incorporated in March of 2013 to develop financial solutions via mobile and web and was granted a license by the Central Bank of Iraq (CBI) in December 2015. It is the largest e-banking service provider in Iraq, offering the Iraqi customer the easiest and most convenient access to financial services across the country.
Its main consumer services include P2P money transfer, utility bill payments, digital goods, mobile recharge and e-commerce checkout. All these transactions can now be conducted directly from a Zain mobile customer’s phone, be it a smartphone or a regular mobile, or at an appointed Iraq Wallet Agent.
All current and future ZainCash services will also be subject to the systems and safety protocols instituted and overseen by the Central Bank of Iraq, which has established operational regulatory and administrative frameworks for these services in line with international standards.
The Central Bank of Iraq’s mission is to promote confidence in the economy through the creation of a safe economic environment coupled with a sound competitive system for all. This outlook has been reaffirmed through several policies and procedures introduced by this major financial institution on several occasions.