Covid and Devaluation hit Asiacell Revenues

Last Update: 2021-04-30 00:00:00- Source: Iraq Business News

By John Lee. Mobile phone service Asiacell has reported a sharp drop in revenue, when expressed in Qatari riyals, as a result of the devaluation of the Iraqi dinar. In its results for the three-month period ended 31 March 2021, parent company Ooredoo said: "The Iraqi economy was impacted by weakening purchasing power following the […]

The post Covid and Devaluation hit Asiacell Revenues first appeared on Iraq Business News.