Cell phones in Kuwait
Latest Telecoms News from Kuwait |
|
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....Zain Customer Base Jumped by 50% in 2008 Kuwait based Mobile Telecommunications Co (Zain) has reported that its full year revenues jumped 26% to US$7.44 billion despite currency fluctuations....Wataniya Reports 64% Increase in 3rd Quarter Profits Kuwait's National Mobile Telecommunications (Wataniya) has reported a 64 percent jump in 3rd quarter profits to US$95.56 million, compared with KWD 15.61 million a year ago....90% of Kuwait’s outgoing international calls are from mobile phones Owing to the massive cellular subscriber base in Kuwait, the vast majority of international calls originate from mobile lines. In 2007, mobile lines accounted for 90% of outgoing international calls and 86.4% of outgoing international call minutes....Kuwaiti Operator Launches Stock Market Floatation Kuwait's third mobile operator, Kuwait Telecom Company has launched its planned IPO on the local stock market by selling 25% of the company in order to raise around US$98 million....Zain Announces Details of $4.5 Billion Fund Raising Effort Kuwait based operator, Zain has published the details of its capital increase which is aiming to raise around US$4.5 billion for the company's expansion plans....Wataniya Tests Fuel Cells as Power Supply for Base Stations Kuwait based IT systems integration firm, Masiya says that it has completed a successful trial of a fuel-cell technology at mobile operator, Wataniya. The fuel cell systems were provided by a 3rd party, P-21, and the trial was carried out in one of the base stations of the Wataniya Telecom tower at Al Funtas....Bharti Airtel isn't in talks to acquire Kuwaiti telecom operator Zain, an executive said Thursday.... Hits Telecom Plans $300 Million Rights Issue to Fund Expansion Telecoms investor, Hits Telecom says that it is studying new rights issue to be able to execute its business plans. Hits has operations, investments and interests in the Middle East, African and Latin American fixed, mobile and data communications markets....Kuwait's Zain (formerly MTC) has denied media reports that the company is in advanced talks to acquire a majority stake in the Syria based mobile network, SyriaTel. The Kuwait based Arabic language newspaper, Al-Qabas, citing unnamed sources said that the company was close to securing a 51% stake in the company.... |
