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ZAIN - Mobile Telecommunications Co.   Discuss Recommendations
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Mobile Telecommunications Co. (ZAIN) 
Stock Market Kuwait Stock Exchange
Official Sector Services (57)
Market Cap Size Large-Cap (18)
GulfBase Sector Telecommunication Services (18)
 

Stock Quote Fundamental Data Research Reports

Overview
Establishment Date: 22/06/1983
Paid-Up Capital (KWD): 427,518,314
Par Value Per Share (Fils): 100.00
Treasury Stocks: 425,711,648
No. of Employees: 15000
Major Shareholders
Kuwait Investment Authority 24.61%
Al Khair National for Stocks & Real Estate Co. 10.32%
Activity
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.
Subsidiaries, Associates & Joint Ventures
Company
Celtel (S.L) Ltd.
Celtel Chad S.A
Celtel Ltd. Uganda
Celtel Malawi Ltd.
Madacom SA
Mobile Telecommunications Co. International B.V.
MTC Lebanon
Sudanese Mobile Telephone Co. Ltd.
Celtel Congo SARL
Pella Investment Co.
more details

Corporate Announcements Company News
Net profit announced for the 9 months ending on 30/9/2009, KWD 195.69 million, a decrease of 17%. 16/11/2009
Net profit announced for the 1st Half of the year 2009, KWD 154.50 million, an increase of 4.4%. 22/07/2009
Net profit announced for the 1st Quarter of the year 2009, KD 75.73 million, an increase of 3.4%.06/05/2009
50% cash dividend (50 Fils per share) distributed for the year 2008.31/03/2009
Net profit announced for the year 2008, KD 322 million, an increase of 0.5%.02/03/2009
more...
Zain clients to enjoy cross-border services at low charges  (Agencies - 19/11/2009)
Millicom Interested in Buying Some Zain Africa Assets, CEO Says   (Bloomberg - 19/11/2009)
India's BSNL not to join Zain consortium   (Reuters - 18/11/2009)
Zain Falls to Lowest Since May on Report Bharat May Exit Talks   (Bloomberg - 18/11/2009)
Zain net profit falls to $144m in third quarter   (Gulf Daily News - 16/11/2009)
more...

Key People Contacts
Chairman: Asaad A. Al Banwan
Vice Chairman: Dr. Saad H. Al Barrak
Managing Director: Dr. Saad H. Al Barrak
CEO: Khalid A. Al Hajeri
Board Members: Abdulmohsen I. Al Faris
Sh. Khalifa A. K. Al Sabah
Jamal A. Al Kandari
Abdulaziz Y. Al Nafisi
Saleh Y. Al Saqabi
Sheikha Aida S. A. Al Sabah
Auditors: Badr & Co. PricewaterhouseCooper
Al Ahli Certified Accountants
E-mail Address: info@zain.com
Website: http://www.zain.com
Postal Address: P.O. Box 22244, Safat 13083
Phone: +965 24644444
Fax: +965 24611111
 
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