Wednesday 19 June 2013
 
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Zain

Zain eyes IT acquisitions to boost data services

Kuwait mobile operator Zain will make acquisitions and partnerships in computer-based industries this year to exploit rising demand for data and help offset falling conventional call and text income, its chief ex

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Zain launches new premium services

Zain Bahrain, a leading telecom services operator, has launched "Signature", a new premium service platform as it seeks an edge in the fiercely competitive domestic telecom market. The telecom firm will be providing the

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Sudan shelves telecom profit tax for 3 years

Sudan has scrapped a 30 per cent profit tax on telecom operators until 2015-end, replacing it with a 2.5 per cent levy on total income, the state news agency said, in a move that should help a sector hurt by the plunging value of the Sudanese po

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Zain Saudi signs $600m loan

Zain Saudi, the kingdom's third-largest telecom operator, has signed a 2.25 billion riyals ($600 million) Islamic loan guaranteed by its parent company.   The three-year

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Zain launches share sale of Iraqi unit

Kuwait telecom operator Zain will set up a holding company through which it will offer a quarter of its stake in its Iraqi unit to the public, it said on Tuesday.   Zain Iraq

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Zain posts 27pc drop in Q1 profit

  Zain, Kuwait's No.1 telecom operator, reported a 27 per cent fall in first-quarter net profit, missing analysts' estimates, due to a steep devaluation in the Sudanese pound and loss-making

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Zain feels the heat in South Sudan

Mobile phone group Zain knew it was facing a challenge when it set out to build up its network in Africa's newest frontier market - the vast, strife-torn expanses of South Sudan. And a challenge is what it got, in the form of

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Zain signs three-year $700m loan

  Kuwait's largest telecom operator Zain has signed a $700 million loan, the company said in a statement on Wednesday.   The loan is a three-year revolving credit facility and will be used for g

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Zain launches 4G LTE network in Bahrain

Zain Bahrain, a leading telecom services operator in the Kingdom, in collaboration with Ericsson, has launched its high-speed 4G LTE network in the country. Zain Bahrain general manager Mohammed Zainalabedin told a Press conferenc

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Zain unveils new package for families

Zain Bahrain has introduced its new 'FamilyShare' package which has been specially designed for families catering to both broadband and mobile sector. The company said under this new scheme, customers will share and enjoy

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