Parliamentary Transportation Committee: One month deadline for Korek to pay 500 billion and avoid closure to protect 7 million subscribers
Parliamentary Transportation Committee: One month deadline for Korek to pay 500 billion and avoid closure to protect 7 million subscribers
10-21-2026
The Information Agency/Baghdad…
Member of the Parliamentary Committee on Transportation, Communications, and Governance, Mohammed Hussein, revealed on Wednesday details of a parliamentary agreement with the Communications and Media Commission granting Korek Telecom a one-month grace period to settle its debts and pay an initial installment of 500 billion dinars. He emphasized that a complete shutdown and service cutoff is not a realistic solution and would jeopardize public funds and the rights of millions of subscribers.
Hussein told the Information Agency that “the Commission was considering closing the company’s headquarters and permanently cutting off its services due to accumulated debts and outstanding payments owed to the state treasury amounting to no less than 2 trillion dinars.” He explained that “the parliamentary committee believed that a shutdown would lead to investors fleeing and the loss of the opportunity to fully recover these enormous sums.”
He added that “the committee held a meeting and extensive discussions with the head of the Communications and Media Commission and its directors general, and a decision was reached to grant Korek Telecom a one-month grace period to obtain a tax payment certificate from the Ministry of Finance and submit it to the Commission, concurrently with the payment of 500 billion dinars as a gesture of goodwill and financial commitment.”
He explained that “adherence to these conditions will pave the way for continued discussions and ensure the uninterrupted provision of communication and internet services. However, in the event of non-payment, the parliamentary committee and the Communications and Media Commission will take a decisive stance and decision in coordination with the relevant authorities.”
He emphasized that “the interest of the Iraqi citizen comes first, as more than 7 million citizens possess lines and SIM cards belonging to the company, in addition to their databases and records, which cannot be lost or damaged without any fault of their own.” He affirmed that “a rational and firm approach to this matter is the only way to recover the state’s dues and prevent financial waste, while simultaneously protecting competition in the telecommunications market to serve subscribers.”
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