Zain Group, GENBAND seal deal

Middle East mobile operator Zain Group has selected multimedia and cloud communications services developer Genband to support the launch of its IP eXchange (IPX) interconnect and wholesale voice operation. The services will enhance Zain's mobile ...

Zain saw a decline in its group revenues and profit during the first quarter of 2013. The operator saw an increase in its subscriber base; however this was not enough to offset the loss it incurred as a result of the devaluation of the Sudanese ...

Mobile phone group Zain knew it was facing a challenge when it set out to build up its network in Africa's newest frontier market - the vast, strife-torn expanses of South Sudan. And a challenge is what it got, in the form of months of headaches, ...

Zain Group has said that its operation in Iraq would complete an IPO by the end of 2013, having originally predicted it would be undertaken by the middle of this year. The Iraq government required the country's three cellcos to have listed by August ...

Zain Group has selected of Basset for the supply of a full interconnect solution for billing, routing optimization and trading for the wholesale market. We chose to implement Bassets Interconnect solution knowing Zain Jordan and our former ...

Zain Group announced the signing of a three-year, USD 700 million revolving credit facility to meet the company's short- to medium-term funding needs for general corporate purposes. Al Khalij Commercial Bank, Ahli United Bank BSC, Arab Bank, ...

Kuwait-based, regionally operating mobile network giant Zain, in its annual general assembly meeting, approved the board of directors recommendation on Sunday to hand out dividends at KD0.50 ($2.28) per share par value, representing 50 percent of ...

Kuwaiti telecoms giant Zain Group is the latest high-profile international telecoms firm to publicly disclose an interest in entering the lucrative Libyan telecoms sector. Reuters quotes Zain chairman, Asaad Ahmed al-Banwan, as saying: We have a ...

Kuwaiti telecom company Zain Group has published the group's consolidated financial results for the three months ending 31 March 2013, with a 26.8% decrease in net income to KWD52 million (USD184 million) from KWD71 reported in 2012. Zain Group ...