Media Authority: Arab firms plan telecom entry

The Media and Communications Authority announced that Iraqi and Arab companies are ready to enter the telecommunications market, while ongoing measures are being taken against Korek, which has been found to be in long-term violation and faces outstanding debts on its account. The authority confirmed that many companies are interested in the market and that efforts are underway to issue new licenses to recover the owed funds, after the company failed to settle its debts despite judicial procedures.

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