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Iraq,United Arab Emirates : Zain Iraq awarded Telecom Operator of the Year accolade at prestigious 2013 Arabian Business Achievement Awards [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Zain Group, a pioneer in mobile telecommunications in eight markets across the Middle East and Africa, is proud to announce the award of the Telecom Operator of the Year accolade to its operation in Iraq at the prestigious Arabian Business Achievement Awards 2013, held in Dubai on 11 November. Arabian Business is a highly regarded online and print business publication across the Middle East, and its annual Achievement Awards is widely recognized as the premier awards ceremony in the regional business calendar. The black-tie gala ceremony was attended by an elite audience of regional business leaders and international dignitaries including Zain Iraq Chairman, Mohammed Charchafchi and Chief Financial and Operating Officer, Wael Ghanayem. On announcing the accolade, the editorial team of Arabian Business noted, The Award confirms the immense contributions Zain Iraq has made to the telecom sector and the country in its 10 years of operation, during which it has become Iraq s leading mobile operator serving over 14.5 million customers reflecting a 48% market share. Zain is one of the most recognizable brands in the country and the operator s exceptional network covers 97% of the population, having invested over US$4.5 billion inIraq since commencing its operations in 2003. Zain Iraq is an important part of Zain Group, contributing 33% of the Group s customer base and 40% of its revenues. Furthermore, Arabian Business noted, Zain Iraq s wide-ranging educational, health and cultural programs are all indicative of a company acting with sound sustainable and corporate socially responsible values. Zain Iraq Chairman, Mohammed Charchafchi commented on the award: We are wholeheartedly committed to the continual development of the telecom sector in Iraq and playing our role in the revitalization of the country. We have always considered our journey in Iraq as one with the people and for the people, and I dedicate this award to our 14.5 million loyal customers and our committed 3,000-strong workforce. Scott Gegenheimer, Zain Group CEO said: Zain Iraq is in the final stages of preparing for a stock market listing, which will result in more Iraqis gaining ownership of a mobile operator serving their own country. Zain Group will continue to support the local management team whose solid track record is marked by continuing revenue growth and improving profitability over the years, maintaining Zain s undisputed market leadership in Iraq. We appreciate the Zain Iraq team s efforts being recognized at such an important time in the mobile operator s development. (c) 2013 Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |