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Friday, 09 January 2009 | 16:57 UAE time

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National Mobile Telecommunications Company - Kuwait

  • +1.88 Last
  • +0.08 (+4.44%) Today's Change
  • 130,000 Volume
  • 1.32-2.78 52 Week Range
  • -0.62 (-24.80%) 52 Week Change
As of 7 Jan 2009 09:29 GMT (Market Closed)

COMPANY DESCRIPTION

Wataniya Telecom was commercially launched in 1999 as the first privately owned operator in Kuwait. In March 2007, Qatar Telecom (Qtel) acquired 51% of Wataniya Telecom shares from Kuwait Projects Company Holding KSC (KIPCO) group.

Wataniya has been a force in increasing the mobile market penetration in Kuwait (over 93%) and has expanded into the MENA & Asia regions.

KEY INFORMATION

Industry

Internet Service Providers, Mobile Network Operators

Address

Wataniya Tower, Ahmad Al Jaber Street, 613 , Kuwait City, Kuwait

T

965 805555

F

965 2423369

E

info@wataniya.com

W

www.wataniya.com

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 10 Oct 1997 -

MAJOR SHAREHOLDERS

NameCountry
Kuwait Investment Authority Kuwait
Qatar Telecom Qatar

PORTFOLIO

NameCountry
Orascom Telecom Tunisie Tunisia
Public Telecommunications Company Saudi Arabia
WARF Telecom International Maldives
Wataniya International UAE
Wataniya Palestine Mobile Telecom Palestine
Wataniya Telecom Algérie Algeria
Wataniya Telecom Maldives

OFFICERS

BOARD OF DIRECTORSPosition
HE Sheikh Abdullah Bin Mohammed Bin Saud Al Thani Chairman
HE Sheikh Mohammed Bin Suhaim Al Thani Vice Chairman
Nasser Mohammed Marafih Board Member
Ali Shareef Al Emadi Board Member
Waleed Abdulla Al Roudhan Board Member
Fahad Othman Al Saed Board Member
Rashed Al Mijrin Al Roumi Board Member
MANAGEMENTPosition
Scott Gegenheimer Chief Executive Officer & General Manager
V. Sriramachandran Chief Financial Officer
Francesco Ricotta Chief Technical Officer
Leif Niklas Mikael Sonkin Chief Strategy Officer & Business to Business Director
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details. All markets data located on ArabianBusiness.com is subject to the ArabianBusiness.com Terms & Conditions. Content should be used for general information use only. Charts and statics display delayed intraday data. Share price information may be rounded up/down and therefore may not be entirely accurate Selected data supplied by Reuters Limited. Click for Restrictions.