Articles tagged with: Ipo and Zain
Telecoms dealmaking on hold in 4Q '08
According to a new study from Ovum, global economic downturn depressed valuations and dealmaking in the telecom sector in 4Q 2008. Based on Ovum's report, M&A deal count was 129 in 4Q08, from 192 in 4Q07, with only four deals valued above US$1 billion, from 10 in 4Q07. more
Related Tags: ovum, citigroup, verizon, alltel, capex, telenor, lte, sms, oracle, tax, sun, zain-saudi-arabia, turk-telecom
Zain Saudi Arabia Passes 2 Million Subscriber Mark
Zain's Saudi Arabia subsidiary has reported revenues of US$135 million in 2008, with active customer numbers totaling 2.01 million. The company, which only lauched services on August 26th, 2008 has secured a market share of 7%, based on Zain estimates. more
Related Tags: roaming, one-network, gsm, zain-group, Saudi Arabia
The Top-10 Fastest Growing Mobile Operators in Mid-East/Africa
The ten fastest growing operators in the MEA region added over 12m new customers in aggregate over the last three months, implying an average gain of over 1.25m. In fact, all but three of the ten managed seven figure gains. more
Related Tags: orange, asiacell, etisalat-egypt, etisalat, vodafone, mtn, irancell, telkom, seven, tci
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. The company plans to launch its network in the country later this year. more
Related Tags: sim-card, wataniya-telecom, wataniya, Kuwait
The Fastest Growing Mobile Operators in Africa/Mid-East
The chart shows the fastest growing businesses in the MEA region over a twelve month view. The list includes nine of the names that feature in the Q1 08 list, with Zain Iraq coming in at Algerie Telecom MobileÃ's expense. The top two places are the same in the year as they are in the quarter, with TCIÃ's 9.12m just shading IrancellÃ's 7.95m. The other really strong performances in the region were spread across five main markets - with Mobily in Saudi Arabia taking third place ahead of two Egyptian companies, three from Nigeria and one each from Iraq and Kenya. more
Related Tags: nawras, mtn, safaricom, mobily, orascom, algerie-telecom
Celtel Zambia Listed on Local Stock Exchange
Celtel Zambia has been listed on the Lusaka Stock Exchange in an ipo which valued the company at nearly US$1.2 billion after the shares jumped by 13% in early trading. Celtel is only the 19th company to be listed on the local stock exchange. more
Related Tags: mtn, celtel, zamtel, Zambia
