Mobile Telecommunications Co. - (ZAIN)

507.00 -2.00(-0.40%) Last Update 21/08/2017 13:24 KSA

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Stock Market: Kuwait Stock Exchange
Official Sector: Telecommunication
Market Cap Size: Large Cap
Gulfbase Sector: Telecommunication Services

Company Overview

Establishment Date: 22/06/1983
Paidup capital: KWD 432,148,892
Par value per share: Fils 100.00
Outstanding Shares ('000): 3,895,777


Mobile Telecommunications Company (MTC) is a Kuwaiti joint stock company engaged in providing mobile telecommunication services including the operation, purchase, delivery, installation, management and maintenance of mobile telephones and paging systems. MTC provides its services in six Middle Eastern and 14 sub-Saharan countries to over 29.7 million active individual and business customers. The Company operates in Kuwait and Bahrain as MTC-Vodafone, in Jordan as Fastlink, in Iraq as MTC-Atheer, in Lebanon as MTC-Touch, in Sudan as Mobitel and in Africa as Celtel. On March 24, 2007 MTC was awarded the 3rd mobile license in the Kingdom of Saudi Arabia and expects to start operations in early 2008.
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