Ericsson talks up Iraqi telecoms market potential
Country has more than 60% mobile penetration but less than 5% for fixed-line
Ericsson has reiterated Iraq's telecommunications market potential on the heels of a lively Iraq Telecoms 2009 conference held last month in London.
The conference had the participation of 200 delegates and 28 speakers, with the event focusing on integrating business and technology in Iraq. It tackled the issue of foreign investment in the sector, the investment environment of the country and the expected growth in the future - for example, Iraq has a mobile penetration of more than 60% but less than 5% for fixed-line.
While Iraq might still be at the mobile penetration phase, delegates discussed opportunities that exist for broadband penetration in the country and the associated benefits it could bring.
Ericsson, which was the conference's silver sponsor, believes that it will be able to contribute positively to the overall expansion of the Iraq's telecommunication sector.
"Ericsson in Iraq is gaining good momentum, and with all these changes in the market, we aim to maintain our position for mobile networks and be part of the growth in the Iraqi telecom industry," stated Tarek Saadi, head of Northern Middle East region, Ericsson Market Unit, Middle East.