Bloomberg News

Qatar Telecom’s Iraqi Unit Pays $375 Million in License Fee

October 05, 2011

Oct. 5 (Bloomberg) -- Qatar Telecom QSC said its Iraqi unit paid $375 million as part-payment toward its license fee in the country.

The payment to Commission of Media and Communications in Iraq “represents the final payment toward Asiacell’s mobile telecommunications license fee of $1.25 billion, Qatar Telecom said in a statement via the Regulatory News Service.

To contact the reporter on this story: Shaji Mathew in Dubai at shajimathew@bloomberg.net

To contact the editor responsible for this story: Maher Chmaytelli at mchmaytelli@bloomberg.net


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