Sunday 19 May 2013
 
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Asiacell

Asiacell net profit up 31pc in 2012

  Iraqi mobile operator Asiacell, majority-owned by Qatari telecom group Ooredoo, posted a 31-per cent rise in annual profit in its first results as a listed company, helped by an increase in customers and revenues.

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Asiacell shares double bourse market cap

The market capitalisation of the Baghdad bourse doubled in February to reach $9.2 billion, boosted by Asiacell share trading, which started in early February. As the first major flotation since a U.S.-led invasion toppled Saddam H

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Qtel tightens Asiacell grip after IPO

  Qatar Telecom used Iraqi unit Asiacell's $1.27 billion share sale, Iraq's largest ever flotation, to raise its stake to 64 percent in a vote of confidence in a country recovering from year

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Iraq's Asiacell shares surge on debut

  Shares in Iraqi mobile telephone operator Asiacell jumped the maximum 10 percent in their Baghdad bourse debut on Monday after investors in the company raised $1.24 billion in Iraq's largest-e

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Iraq's $1.35bn Asiacell share offer sold out

  A $1.35 billion sale of shares in Iraqi mobile telephone firm Asiacell, the country's first major public offer of equity since the US-led invasion in 2003, was fully subscribed, the stock exch

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Iraq bourse braces for milestone $1.3 billion IPO

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) Iraq's bourse is bracing for a milestone $1.3 billion initial public offering. The share offer by the country's number-two mobile opera

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Qtel to raise stake in Asiacell's Iraq share offer

Qatar Telecom (Qtel) will raise its 53.9 percent stake in subsidiary Asiacell as part of the Iraqi firm's $1.35 billion share sale, the largest ever stock listing on the Baghdad bourse, an exchange official said on Thursday. Q

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Iraq's Asiacell share offer to be a sell-out

Iraqi mobile operator Asiacell's $1.35 billion share sale will be fully subscribed, bookrunner Rabee Securities said, though a top bourse official and some local investors were more cautious about the country's largest ever stock listing

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Asiacell launches offer of 25pc share capital

Asiacell Communications, a leading provider of mobile telecom services in Iraq with 9.9 million subscribers, has opened for subscription 67.5 billion shares, representing 25 per cent of the company’s share capital. The offer

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Iraq's Asiacell to raise $1.35bn in IPO

  Iraq's Asiacell, a unit of Qatar Telecom, said it planned to raise at least $1.35 billion by floating 25 percent of its share capital on the Baghdad stock market, in what would be the country's largest initial public of

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