Iraq’s second largest telecommunications company, Asiacell, recently announced the name of its new chief executive, Amer al-Sunna. Asiacell’s parent company, Ooredoo made the announcement in a statement released on Monday.
Sunna has experience already working for Ooredoo groups in the Philippines as well as in Jordan. Last February he joined Asiacell as its managing director.
After a share sale valued at $1.27 billion in February Asiacell was listed on the Iraqi bourse. By the end of 012 Asiacell was in possession of 36 percent of Iraq’s mobile phone subscribers. This information is according to Asiacell’s important competitor, Zain, which published the information in its annual report to stock holders.
Ooredoo, which was formerly called Qatar Telecom until it updated its name earlier in the year, owns 64 percent of Asiacell’s stock.