Home / MTC Atheer leads market growth in Iraq in 2006

MTC Atheer leads market growth in Iraq in 2006

The addition of 9 million subscribers in a little over three years is a significant achievement given the state of security on the ground in the country. Nationwide competition has been a positive development in the Iraqi mobile market.

The number of mobile subscribers in Iraq is estimated to have reached just under 9 million users at the end of 2006, representing a mobile penetration rate of approximately 33%.

The market added a total of 1.36 million subscribers over the quarter to end-2006, representing the strongest number of user additions in the three licensee’s history since launching service in December 2003.

The addition of 9 million subscribers in a little over three years is a significant achievement given the state of security on the ground in the country. Nationwide competition has been a positive development in the Iraqi mobile market with Iraqna having begun 2006 with over 40% market share, and losing share in each quarter of the year, to end the period with a 32.8% share.

Wataniya's AsiaCell began the year in second place, with a 36.1% market share, and saw this position whittled down to just 31% at year-end. MTC Group’s MTC Atheer was the big winner in 2006, seeing its subscriber base skyrocket from 23.5% at the beginning of the year to 36.2%, as a result of its expansion further across the geographical area of Iraq.

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