Friday 19 September 2014
 
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Asiacell

Ooredoo names new Iraq unit chief

Iraq's number two telecommunications operator Asiacell has named Amer al-Sunna as the new chief executive, the company's parent firm Ooredoo said in a statement on Monday.   Sunna previously worked for Oo

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New CEO for Asiacell

Iraq’s Asiacell Communications has appointed Amer Al Sunna as its new chief executive officer.    Asiacell, which is listed on the Iraq Stock Exchange (ISX) and recently completed the largest IPO in Mi

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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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