Articles tagged with: Wataniya Telecom and Zain

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, ipo, wataniya, Kuwait

Saudi Telecom Takes 26% Stake in Kuwait's 3rd Mobile Operator

Saudi Telecom (STC) has won the auction for a 26 percent stake in Kuwait's third mobile company for a payment of US$908 million. The announcement was made by the Kuwait Investment Authority, although the deal is still awaiting formal approval from the Kuwaiti government.  more

Related Tags: sim-card, maxis, wataniya, Saudi Arabia