Quote:
|
Originally Posted by andy
It looks like they've swapped a saturated market for one they expect to grow. Maybe the biggest growth market recently was Iraq, where mobile ownership has gone from 5% to 62% - looks like an investment opportunity missed ...
|
I agree with Andy's analysis.
Regarding Iraq, I think Vodafone just didn't want to invest directly in such a risky country; instead, they let their Kuwait partner company MTC do the investment in the local company Atheer telecom.
On the other side, Turkey is a bigger market and (hopefully) safe enough to invest directly in it.