Zain acquires Iraqna for $1.2 bn
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...
View ArticleZain reports record profits
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...
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Growing Zain
Growing Zain 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...
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Zain sets sights on Morocco
Zain eyes up Morocco Kuwaiti carrier Zain has teamed up with an investment fund to acquire 31 per cent of Moroccan operator Wana. In a 50/50 partnership with Al Ajial Investment Fund, Zain has donated...
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Zain fuels African sale rumours
Zain fuels African sale rumours Speculation that aspiring global carrier Zain is looking to sell off its African portfolio was fueled further this week, after it emerged that Swiss bank UBS has been...
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Vivendi calls off talks with Zain
Vivendi calls off talks with Zain French conglomerate Vivendi has called off its talks with Kuwait-based Zain, over the acquisition of the operator’s African assets. The figure being touted for the...
View ArticleMENA broadband markets ripe for investment
Perceptions about the Middle East and North Africa countries’ ability to foster e-commerce are increasingly becoming outdated.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....
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Gulf cable deployment to spur regional growth
Gulf cable deployment to spur regional growth 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...
View ArticleMEA offers some of the best regional prospects for WiMAX
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...
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Zain Kuwait outsources network to Motorola
Zain Kuwait outsources network to Motorola US vendor Motorola said this week that it has scored a contract with Zain Kuwait, to operate and manage the carrier’s 3G network. Under the three year...
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Viva, STC in Gulf LTE roaming deal
The deal sees LTE roaming between Saudi and Kuwait Kuwaiti mobile operator Viva on Monday introduced commercial LTE roaming services with neighbouring Saudi Telecommunications Company (STC), marking...
View ArticleEricsson gets Zain Kuwait digital transformation gig
Zain Kuwait is conducting a major digital transformation project for the utilities sector and has asked Ericsson to join the party. The project will focus on bringing utilities such as electricity and...
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