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Korek Telecom

Korek Telecom

Private
ErbilTelecommunications & Networkinghttps://www.korektel.com/

Last Round

Private Equity

Mar 14, 2011

Est. Valuation

$1.84B

Total Funding Raised

$810M

Company Overview

Korek Telecom is a telecommunications company that provides mobile network services, including voice, messaging, and data plans, to consumers and businesses in Iraq.

Sector

Telecommunications & Networking

Verticals

Internet Providers, Wireless Infrastructure, Enterprise Communication, Digital Wallets

Business Model

B2C

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Non-AI

Keywords

mobile network operatorMNOtelecommunicationstelcodigital walletmobile moneymobile data4G LTEroaming servicesfintechinternet service providerISPmobile telephonyenterprise connectivitybusiness connectivity

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Korek Telecom Comparables

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Korek Telecom comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Zain Group
91%
Ooredoo
89%
EarthLink Telecommunications
79%

Korek Telecom Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Private EquityMar 14, 2011

Key People

Founding team and executive leadership

Waleed hasan

Chief Executive Officer, Regional General Manager, Regional Technical Director

Executive Team

Mohammad Amin

Chief Technology Officer

Executive Team

Issa Touma

Chief Financial Officer

Executive Team

Korek Telecom Investors

Notable investors and investment history

Korek Telecom investors
InvestorRounds
Orange VenturesPrivate Equity

Market signals

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  • Nov 8, 2024

    Monthly visitors increased 90% MoM.

  • Mar 14, 2011

    $810M round with Agility Global and Orange

Korek Telecom Filings

SEC and related filings with document metadata.

Data table
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Korek Telecom Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersErbil
Employee Range2,033
Year Founded2000
Last FundingMar 14, 2011

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