Korek Telecom
Korek Telecom is an Iraqi mobile network operator serving approximately 7 million subscribers with prepaid and postpaid voice, 4G LTE data, and bundled entertainment services. Founded in 2000 and headquartered in Erbil, it is one of three major licensed carriers operating in Iraq.
- Company typePrivate
- Founded2000
- HeadquartersErbil, Iraq
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Korek Telecom does
Korek Telecom is an Iraqi mobile network operator headquartered in Erbil, founded in 2000, serving approximately 7 million subscribers as one of three major licensed carriers in the country alongside Asiacell and Zain Iraq. The company delivers prepaid and postpaid voice and mobile data services across Iraq, with tiered internet bundles ranging from 300 MB to 30 GB and an unlimited Infinet plan, operated on a 4G LTE network that is being extended toward 5G capability. Headcount is in the 1,001–5,000 range, and pricing is denominated in Iraqi dinars; the company is privately held with no disclosed parent.
The core product surface has expanded beyond connectivity into a layered digital-services ecosystem. Korek bundles entertainment verticals including Kmusic, Highfit, GameXpert, GameFluence, Captain Korek, Her Universe, Laughter Land, and My Religion, supported by the Blue Program loyalty scheme and gamified engagement products such as Korek Treasure and Korek Millionaire. Distribution runs through a direct-to-consumer model spanning the My Korek self-care app, the company website, app stores, and a national retail recharge network that supports prepaid top-ups. The business model combines recurring subscription revenue (voice/data plans, loyalty, entertainment bundles) with usage-based revenue from internet bundle consumption.
The defining strategic context in 2026 is regulatory. Iraq's Communications and Media Commission initiated proceedings to shut down Korek's network over an alleged $1.5 billion in outstanding regulatory and tax debts, including reported moves to suspend operations and freeze assets. The company has continued operational and product activity through this period (including a July 2026 CMO promotion), but the regulatory outcome will be the dominant variable in any forward view, and its resolution is not disclosed in available data.
Korek Telecom firmographics
Firmographics- Name
- Korek Telecom
- Legal name
- Korek Telecom
- Website
- https://korektel.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Korek Telecom is an Iraqi mobile network operator serving approximately 7 million subscribers with prepaid and postpaid voice, 4G LTE data, and bundled entertainment services. Founded in 2000 and headquartered in Erbil, it is one of three major licensed carriers operating in Iraq.
- Ownership category
- akta.pro rank
Where Korek Telecom is headquartered
LocationHeadquarters
- HQ city
- Erbil
- HQ country
- Iraq
- HQ region
- Middle East
Markets served
Korek Telecom business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Technology or R&D, Operations, Personnel, Marketing or Sales
Revenue model
- Mobile Voice and Data Services: Korek Telecom generates revenue through mobile voice services and internet data packages sold to individual consumers. Services include prepaid and postpaid plans with various data bundles (daily, weekly, monthly options) priced in Iraqi Dinar (IQD).
- Internet Data Packages: Usage-based revenue from internet bundles ranging from daily (300MB-600MB) to monthly (10GB-30GB) packages, with pricing from 1,250 IQD to 30,000 IQD.
- Entertainment Services: Revenue from entertainment offerings including Kmusic, games (GameXpert, GameFluence, Captain Korek), and interactive services like Korek Treasure and Korek Millionaire.
- Loyalty Program (Blue Program): Customer retention through rewards program that drives engagement and brand loyalty across all service offerings.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Daily Internet Bundles - 300 MB |
| Usage-based | Pay-as-you-go | Daily Internet Bundles - 600 MB |
| Usage-based | Pay-as-you-go | Short-term Internet Bundles - 3 Days |
| Usage-based | Pay-as-you-go | Weekly Internet Bundles - 3 GB |
| Usage-based | Pay-as-you-go | Weekly Internet Bundles - 5 GB |
| Usage-based | Pay-as-you-go | Bi-weekly Internet Bundles - 10 GB |
| Usage-based | Monthly | Monthly Internet Bundles - 10 GB |
| Usage-based | Monthly | Monthly Internet Bundles - 30 GB |
| Subscription | Monthly | Infinet Unlimited Offer |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels7 records
Korek Telecom product offering
Product offeringCore offering
Korek Telecom is an Iraqi mobile network operator providing mobile voice, SMS, and mobile data (internet) services to approximately 7 million subscribers across Iraq. It sells prepaid and postpaid mobile plans along with a portfolio of value-added services, including configurable internet bundles (daily to monthly, limited and unlimited), a subscriber loyalty rewards program (Blue Program), digital entertainment offerings such as Kmusic and mobile games, and a self-service mobile application (My Korek App).
Product overview
Korek Telecom is an Iraqi mobile network operator providing telecommunications services to approximately 7 million subscribers. The company operates as a single-brand mobile operator offering a unified portfolio of consumer and business mobile services. Core offerings include mobile voice and data plans (with both limited and unlimited internet bundles), enhanced services such as number selection, call management, and promotional blocking, plus an entertainment ecosystem featuring games, music, and content services. A mobile self-service application (My Korek App) and a loyalty program (Blue Program) complement the core offerings. The company is expanding 4G coverage and moving toward 5G deployments as part of Iraq's telecommunications infrastructure development.
Differentiator
Problem solved
Functional benefit
Brands
- Blue Program: Korek's loyalty and rewards program offering games, draws, and special offers.
- Kmusic
- My Number My Choice
- Korek Treasure
- Korek Millionaire
Products and services
- Internet Bundles
- Infinet Offer
- Business Services
- Blue Program
- Kmusic
- Korek Treasure
- Korek Millionaire
- GameXpert
- My Korek App
- My Number My Choice
Quantifiable outcome
- 7 million subscribers served in Iraq
Companies that use Korek Telecom
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Korek Telecom technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Korek Telecom partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights5 records
Korek Telecom competitors and assessment
Company assessmentBroad incumbents
- du (Emirates Integrated Telecommunications Company): UAE mobile operator with prepaid and postpaid offerings plus entertainment and loyalty platforms. Comparable in product mix and customer engagement model, though serving a higher-ARPU regional market.
- Orange (Orange MEA): French-headquartered global telecom group with operations across MENA, including mobile, data, and digital services for mass-market consumers. Comparable as a benchmark for digital service adoption and content bundling.
- Turkcell: Turkish mobile operator with regional subsidiaries and a strong digital services and entertainment portfolio. Useful benchmark for Korek's mobile data + content bundling strategy.
- STC (Saudi Telecom Company): Saudi-headquartered regional telecom group with mobile, data, and digital services across the Gulf and wider MENA. Comparable as a regional incumbent operator with broader geographic reach than Korek.
- Etisalat (e&): UAE-headquartered multinational telecom group operating mobile, fixed, and digital services across MENA. Comparable as a regional incumbent benchmark for mobile data monetization, entertainment bundles, and loyalty programs similar to Korek's Blue Program.
- Ooredoo: Qatar-based multinational telecom group with mobile operations across MENA and Asia. Comparable as a broad regional mobile carrier expanding into digital entertainment and loyalty ecosystems of the type Korek is building.
- MTN Iraq (MTN Group subsidiary in Iraq): MTN Group is a major pan-African and Middle Eastern mobile operator with presence across multiple MEA markets; the wider MTN Group provides a useful benchmark for scale, ARPU progression, and digital service expansion relevant to Korek's strategy.
- Vodafone (regional MENA holdings, e.g., Vodafone Egypt): Global mobile operator with significant MENA presence. Comparable as an incumbent benchmark for mobile connectivity, value-added services, and enterprise/consumer mobile offerings relevant to Korek.
Direct peers
- Zain Iraq: One of three licensed mobile operators in Iraq alongside Korek and Asiacell, offering mobile voice, data, and digital services to Iraqi subscribers. Directly comparable by product, market, and customer segment to Korek.
- Asiacell: Iraqi mobile network operator and the third major competitor in the Iraqi market alongside Korek and Zain Iraq. Comparable on product (prepaid/postpaid mobile, data bundles) and geographic coverage across Iraq.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Korek Telecom social profiles
Digital presenceKorek Telecom financial estimates
Financial estimateRevenue estimate
Valuation estimate
Korek Telecom leadership team
Management profileNumber of profiles
Profiles3 records
Korek Telecom funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Korek Telecom M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Korek Telecom
What does Korek Telecom do?
Korek Telecom is an Iraqi mobile network operator providing mobile voice, SMS, and mobile data (internet) services to approximately 7 million subscribers across Iraq. It sells prepaid and postpaid mobile plans along with a portfolio of value-added services, including configurable internet bundles (daily to monthly, limited and unlimited), a subscriber loyalty rewards program (Blue Program), digital entertainment offerings such as Kmusic and mobile games, and a self-service mobile application (My Korek App).
Is Korek Telecom a public or private company?
Korek Telecom is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Korek Telecom founded?
Korek Telecom was founded in 2000. It employs 1,001 to 5,000 people.
Where is Korek Telecom based?
Korek Telecom is headquartered in Erbil, Iraq, in the Middle East region.
How does Korek Telecom make money?
Four revenue lines are on record. Mobile Voice and Data Services are the primary driver. The others are internet Data Packages, entertainment Services and loyalty Program (Blue Program).
Who are Korek Telecom's main competitors?
Broad incumbents on record are du (Emirates Integrated Telecommunications Company), Orange (Orange MEA), Turkcell, STC (Saudi Telecom Company), Etisalat (e&), Ooredoo, MTN Iraq (MTN Group subsidiary in Iraq) and Vodafone (regional MENA holdings, e.g., Vodafone Egypt). Direct peers are Zain Iraq and Asiacell.
Does Korek Telecom have an API?
No public API is recorded for Korek Telecom.