SPOTLIGHT: Iraq auctions mobile licenses for $300M

Today marks the beginning of a mobile license auction for three 15-year licenses to offer mobile services in the country. Five operators are vying for the licenses, which have a minimum bid of $300 million assigned to them. The Iraqi government is boosting its share in the resulting revenue sharing with the companies from 13 percent to 18 percent, but that could change too, depending on how the auction goes. Article