Nokia has entered a strategic partnership with Zain Iraq to upgrade the telecom operator’s network in southern Iraq.
This three-year agreement aims to enhance network capacity and modernize infrastructure to meet future growth and increased traffic demand.
Deployment will begin immediately, focusing on optimizing network performance and scalability.
Nokia’s advanced microwave technology, including the latest E-band solutions, will be used to upgrade Zain Iraq’s MW backbone. This upgrade is critical to address the increasing demand for data services in the region, ensuring that Zain Iraq can continue providing high-quality services to its customers.
The partnership involves swapping out existing competitor equipment and implementing Nokia’s UBT-T XP version microwave solutions. These systems, which offer the highest transmit power in the market, will allow for smaller antenna sizes, reducing both capital and operational costs.
Mikko Lavanti, Senior Vice President of Mobile Networks at Nokia MEA, highlighted the importance of the deal, stating that Nokia’s solutions will optimize Zain Iraq’s network for the future.
Emre Gurkan, CEO of Zain Iraq, emphasized that the partnership not only addresses current capacity challenges but also positions Zain Iraq for long-term growth and innovation.
Zain Iraq’s Q1 2024 revenue rose 14 percent to $253 million and EBITDA grew 22 percent to $93 million, with EBITDA margin of 37 percent. Zain Iraq’s net profit was $15 million. The customer base of Zain Iraq rose 2 percent to 18.7 million.
