US vendor Motorola said this week that it has scored a contract with Zain Kuwait, to operate and manage the carrier’s 3G network.
The prospects for WiMAX seemed to have dimmed somewhat in the past couple of years as a result of the strong growth of HSPA, which is often seen as a rival to WiMAX, and a recession that has reduced the appetite for the spending necessary to build networks.
The telecoms industry in the Gulf region is in the throes of change with mobile markets becoming more competitive and saturated. As a result the big players are expanding into Africa and Asia Pacific to continue growing, but there is also a need for more domestic capacity to support growth and home in both the mobile and fixed markets.
Perceptions about the Middle East and North Africa countries’ ability to foster e-commerce are increasingly becoming outdated. The pace of development in the last three years has been truly impressive. Operators across the region are investing large sums in getting high-speed, high-capacity and cost effective telecoms networks into the region and the current infrastructure is much more advanced than perhaps they have been given credit for.
French conglomerate Vivendi has called off its talks with Kuwait-based Zain, over the acquisition of the operator’s African assets.
Speculation that aspiring global carrier Zain is looking to sell off its African portfolio was fuelled further this week, after it emerged that Swiss bank UBS has been appointed to help the firm assess its operations.
Kuwaiti carrier Zain has teamed up with an investment fund to acquire 31 per cent of Moroccan operator Wana.
Kuwaiti headquartered Zain is an operator with ambition. The firm’s stated aim is to become one of the world’s top ten international operators – judged by a range of parameters from market capitalisation and revenue to the size of its overall subscriber base. Today the firm operates in 22 markets across the Middle East and Africa, which it says positions it as the fourth largest player in the world in terms of footprint.
Middle Eastern carrier Zain announced that in the fiscal year 2007 it recorded the highest ever net profits in Kuwait’s private sector history. The operator, formerly known as MTC, repotded consolidated revenues of $5.91bn (KD1.677bn) for 2007, an increase of 32 per cent compared to 2006. The consolidated EBITDA increased by 25 per cent compared to [...]
Zain, the Kuwaiti operator formerly known as MTC (Mobile Telecommunications Company), announced on Saturday that it will buy Orascom Iraq-based subsidiary Iraqna Company for Mobile Phone Services for $1.2bn. In August 2007, Zain’s existing Iraq-based subsidiary, MTC-Atheer, made a successful bid of $1.25bn to secure one of three 15-year nationwide licences awarded by the Iraqi [...]
A step in the right direction but does it go far enough?
Sharing an allowance among family members is one ...
I agree with Dan about this being a excellent read, and that QNX is not well known but sooner or ...
Excellent read with some actual facts compared to the hack journalist/bloggers on the interest. Many don't understand what QNX ...
The main issue with Telenor is that whether they made underhand payments to ge the licenses. If they did, then ...
Over The Top providers have become the staple wildcard in almost any sector set on a collision path with mobile. By and large they are very good at what they do: connecting a user with their chosen content or service by whatever means available.
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