Iraq expects fourth mobile license to fetch between $1 billion and $2 billion
Speaking to Reuters recently, Iraq’s communications minister, Mohammed Allawi, said he believes the auction for a fourth mobile phone operator license at the end of this year could fetch between $1 billion and $2 billion. Similarly, Allawi said that the licensing fees, installation and equipment required to install a new network would cost between $1 billion and $2 billion. 40% of the revenues raised from the auction would be given to the mobile operator, 35% would be given to the public, and the final ...
