Saturday, 22 November 2008 | 22:37 UAE time
COMPANIES
Zain - Kuwait
- +1.12 Last
- +0.06 (+5.66%) Today's Change
- 16.78m Volume
- 0.93-2.24 52 Week Range
- -0.96 (-46.15%) 52 Week Change
COMPANY DESCRIPTION
Zain is the third telecom company to appear in the top 10 companies and is also looking to Africa to expand its services.The company formerly known as Mobile Telecommunications Company said in June that it would probably apply for a mobile operator license in South Africa if the government offers a fourth license there.
Earlier Zain completed the purchase of Western Telesystems, Ghana's second-largest phone company.
Zain aims to double its base of subscribers to 110 million by 2011. Earlier this year it agreed a USD 1.2 billion loan from a group of banks to help expand its network.
KEY INFORMATION
Industry
Internet Service Providers, Mobile Network Operators
Address
Airport Road, 22244 , Kuwait City, Kuwait
T
965 4644444
F
965 4837755
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 22 Jun 1983 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| Al Khair National for Stocks & Real Estate Company | Kuwait |
| Kuwait Investment Authority | Kuwait |
| Kuwaiti British Readymix Company | Kuwait |
| National Investments Company | Kuwait |
PORTFOLIO
| Name | Country |
|---|---|
| Bayt Al Mal Holding Company | Kuwait |
| Celtel International | Netherlands |
| Coast Investment & Development Company | Kuwait |
| Mada Telecommunications | Kuwait |
| MTC International | Netherlands |
| Pella Investment Company | Jordan |
| Thuraya Satellite Telecommunications Company | UAE |
| Western Telesystems Company | Ghana |
| Zain Bahrain | Bahrain |
| Zain Burkina Faso | Burkina Faso |
| Zain Chad | Chad |
| Zain Congo | Republic of Congo |
| Zain DR Congo | Democratic Republic of Congo |
| Zain Gabon | Gabon |
| Zain Iraq | Iraq |
| Zain Jordan | Jordan |
| Zain Kenya | Kenya |
| Zain Lebanon | Lebanon |
| Zain Madagascar | Madagascar |
| Zain Malawi | Malawi |
| Zain Niger | Niger |
| Zain Nigeria | Nigeria |
| Zain Saudi Arabia | Saudi Arabia |
| Zain Sierra Leone | Sierra Leone |
| Zain Sudan | Sudan |
| Zain Tanzania | Tanzania |
| Zain Uganda | Uganda |
| Zain Zambia | Zambia |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Asaad Ahmad Al Banwan | Chairman |
| Saad Hamad Al Barrak | Vice Chairman |
| HE Khalifa Ali Khalifa Al Sabah | Director |
| HH Sheikha Aida Salem Al Ali Al Sabah | Director |
| Jamal Ahmad Al Kandary | Director |
| Abdulaziz Yacoub Al Nafisi | Director |
| Abdulmohsen Ibrahim Al Faris | Director |
| Saleh Youssef Al Sokaby | Director |
| MANAGEMENT | Position |
| Saad Hamad Al Barrak | Group Chief Executive Officer & Managing Director |
| Tito Allai | Group Chief Commercial Officer |
| Sam M. Deeb | Group Chief Financial Officer |
| Haitham Al Khalid | Group Chief Strategy Officer |
| Mohammed Shabib | Group Chief Regulatory Officer |
| Khaled Abdullah Al Hajeri | Group Chief Technical Officer |
| Mohammed Rafi | Group Chief Information Officer |
| Tony Taska | Group Chief Human Resources Officer |
| Ibrahim Adel | Group Chief Communications Officer |
MOST POPULAR NEWS STORIES
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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.
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