Prime Minister Mr. Mohammed Shiaa Al-Sudani Emphasizes the Importance of the National Mobile Telecommunications Services Company in Developing the Telecommunications Sector

 

Prime Minister Mr. Mohammed Shiaa Al-Sudani Emphasizes the Importance of the National Mobile Telecommunications Services Company in Developing the Telecommunications Sector and Diversifying Sources of Revenue

Prime Minister Mr. Mohammed Shiaa Al-Sudani today, Sunday, sponsored the signing of the Memorandum of Association for the National Mobile Telecommunications Services Company, established as a public joint-stock company. The company had previously been approved under the Government Program and is being formed through the participation of three entities: the State Employees’ Pension Fund, the Trade Bank of Iraq (TBI), and Al Salam State Company, which is affiliated with the Ministry of Communications.

His Excellency commended the efforts made by the Ministry of Communications in this regard, emphasizing the need to complete the necessary procedures to commence service delivery, particularly as the company’s operations will be accompanied by the deployment of advanced 5G services, which will be available to all citizens.

Prime Minister Mr. Mohammed Shiaa Al-Sudani affirmed that the establishment of the National Mobile Telecommunications Services Company, as approved under the Government Program, represents a significant step toward enhancing telecommunications services in light of the sector’s rapid development. He stressed that the company should be capable of competing with existing operators in order to provide the highest-quality telecommunications services, which have become integral to all aspects of life, particularly the economy, education, and the development witnessed across our country.

Mr. Al-Sudani further explained that this marks the first time three government entities have joined together to establish a mobile telecommunications company. He noted that the company’s shares will be available for public subscription, allowing citizens to contribute to its capital. This initiative, he said, represents one of the approaches adopted by the Government to strengthen the non-oil economy. He also emphasized that the establishment of the company is not intended to restrict the private sector, but rather to create a competitive environment aimed at delivering better services to citizens.