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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

Historical Pricing

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Caplight Momentum Score

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Korek Telecom Comparables

Compare Korek Telecom with similar companies based on industry and business-model similarity.

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

Structured signals derived from secondary market and firmographic data.

  • Nov 8, 2024

    Monthly visitors increased 90% MoM.

  • Mar 14, 2011

    $810M round with Agility Global and Orange

Korek Telecom Filings

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Korek Telecom filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Korek Telecom's valuation, stock price, and market status.

Is Korek Telecom a public or private company?

Korek Telecom is a private company.

What is the current stock price of Korek Telecom?

Korek Telecom is a private company with no public stock price. Caplight tracks Korek Telecom's secondary market activity and provides MarketPrice™ estimates to Caplight users.

How much is Korek Telecom worth (valuation)?

Korek Telecom's valuation is estimated at $1.8B based on funding round data.

Can I buy Korek Telecom stock?

Korek Telecom shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Korek Telecom's last funding round?

Korek Telecom's most recent funding round was Private Equity on March 14, 2011.

Who are the main investors in Korek Telecom?

Key investors in Korek Telecom include Orange Ventures.

Will Korek Telecom IPO soon?

No public IPO plans have been announced for Korek Telecom.

How can I track Korek Telecom secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Korek Telecom's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersErbil
Employee Range2,043
Year Founded2000
Last FundingMar 14, 2011

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