Middle Eastern carrier Zain has increased its ownership stake in Zain Iraq from 30 per cent to 62 per cent, the company said over the weekend. Zain increased its stake through a pre-agreed call option with the owners of Athir National in Bahrain, which is one of the three founders of Atheer Telecom Iraq, now [...]
Despite the economic chaos, telecoms firms should not let a sensible attitude of caution turn into a bunker mentality. For those with tangible resources available, analysts say a more aggressive strategy is advisable. This week, industry analyst Ovum predicted that the financial crisis will force a sea change in the telecoms landscape, largely outdating the [...]
With subscriber growth increasingly restricted to emerging markets with a huge collective population, the operators able to achieve success in these regions will find themselves among the most powerful in the world. And then they’ll want to go global.
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.
Allow me, Sir
Issue 148 March 2008
Featuring:
Fraud and security: How much are you losing?
Zain: The Kuwaiti operator is looking to book itself a place in the top ten
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 [...]
It’s a happy new year for Nokia, as the Finnish vendor said Monday that it has bagged a $1bn contract to deliver kit and services to Saudi Arabian operator Zain. Nokia Siemens Networks said it has been tapped to supply a full turnkey 2G and 3G mobile network, including core and radio networks, operations and [...]
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 group of mobile operators announced a substantial investment drive in the continent’s sub-Saharan region on Monday. The GSM Association revealed that a group of carriers including MTN, Orange, Vodacom and Kuwaiti carrier Zain are to plough more than $50bn into the region over the next five years in a bid to extend mobile coverage [...]
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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