Mobile operator Zain Iraq applies for Baghdad share listing

April 23, 2015 6:19 AM

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DUBAI, April 23 (Reuters) - Zain Iraq, the country's biggest mobile phone network operator by subscribers, has applied for a listing on Baghdad's stock exchange, parent firm Zain told Reuters, taking the first step in a long-delayed plan to go public.

Iraq's three mobile network firms were required to float a quarter of their shares and join the Iraq Stock Exchange (ISX) by August 2011 as part of their 15-year licences awarded in 2007.

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