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Latest Telecoms News from Kuwait
Zain Quarterly Profts More Than Halved
Kuwait based Zain has reported a 53 percent drop in its 3rd-quarter profits to KWD 41.19 million (US$144.3 million) from KWD 87.2 million a year ago. ...
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Motorola Wins HSPA+ Upgrade Contract in Kuwait
Motorola has announced a contract with Zain's operation in Kuwait to expand and upgrade the operator's 3G HSPA mobile broadband network to HSPA+....
Related Tags: motorola, zain, hspa+, broadband
Zain shareholders Selling 46% Stake to India-Malaysian Consortium - Maybe
Zain shareholders have agreed to sell a 46% stake in the company to various other investors, although very few details have been confirmed at this time....
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Zain Close to Selling 46% Stake to Asian Investors - Report
Further rumours about the future of Kuwait's telco, Zain after local newspapers reported that a consortium is seeking to take a 46 percent stake in the company....
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Zain Upgrades Kuwaiti Network to Support 21.6 Mbps Download Speeds
Zain Kuwait says that it has upgraded and expanded its network to support peak mobile data download speeds up to 21.6 Mbps, with a HSPA upgrade....
Related Tags: zain, hspa, radio
Zain Talking to Three Companies Over African Assets
Kuwait's Zain is reported to now be in talks with three international telecom operators over the future of its African assets. Citing Chief Executive Officer Saad al-Barrak, the Al-Rai newspaper also confirmed that one of the unnamed companies included one from India....
Zain to Review Rules Limiting Shareholder Stakes
Speculation about the future of Kuwait based mobile operator, Zain was heightened when the company posted notices seeking changes to shareholder restrictions....
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Zain Shareholder Interested in Selling Stake
Zain's largest single shareholder, the Kuwait Investment Authority (KIA) has said that it would consider selling its stake in the company if the right offer came along....
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Wataniya Eyeing Further Acquisitions
Kuwaiti telco, Wataniya expects to to announce an acquisition shortly and is considering others as its main shareholder, Qatar Telecom (Qtel) seeks growth outside its home market...
Related Tags: wataniya, qatar-telecom, qtel
Tekelec Wins Additional Signaling Business With Wataniya Telecom
Tekelec says that it has won a follow-on order to provide its EAGLE 5 platform to Wataniya Telecom in Kuwait, giving the operator a central signaling solution to handle core network functions....
Related Tags: 3g, intel, sms, qtel, wataniya-telecom, capex, core-network, ovi, iden, wataniya, billing, opex