Korek Telecom Faces $1.5 Billion Debt Crisis Amid Ongoing Service Disruptions
Korek Telecom is struggling with a debt of $1.5 billion owed to Iraq’s Communications and Media Commission, leading to service disruptions across Iraq and the Kurdistan region. Despite requests for installment payments, the CMC has escalated actions, including suspending Korek’s internet services, urging the company to settle its financial obligations.
