Qtel takes control of Asiacell in US$1.47bn deal
Qatar Telecom (Qtel) has agreed to double its stake in Iraqi mobile operator Asiacell to 60% in a deal worth ...
Tag: Zain
Zain KSA wins approval for capital restructuring, US$1.6bn rights issue
Saudi Arabia’s capital market authority (CMA) has approved mobile operator Zain KSA’s capital restructuring plan and SR6bn (US$1.6bn) rights issue. ...
Zain Iraq cautious about listing
The CEO of Zain Iraq has reportedly stressed the company will do its best to fulfil its requirement to list ...
Asiacell listing preparations continue but timing unconfirmed
Asiacell was unable to confirm earlier media reports suggesting a listing of the Iraqi mobile operator was likely around June. ...
Saudi pension fund sells Zain stake – report
Saudi Arabia’s Public Pension Agency has reportedly sold its 5% stake in Zain Saudi Arabia, according to a Dow Jones ...
Third CEO for Zain Saudi since October
Mobile operator Zain Saudi Arabia has named Fraser Curley as its new CEO following the resignation of Khalid al-Omar, according ...
Econet seeks US$3.1bn damages in Airtel Nigeria case
Telecoms group Econet Wireless is looking to obtain at least US$3.1bn damages in the Bharti Airtel Nigeria’s ownership case, according ...
Etisalat said to eye US$2bn loan – report
Abu Dhabi-based Etisalat is reportedly trying to secure a syndicated loan of up to US$2bn for general corporate purposes. Reuters ...
Bharti’s stake in Airtel Nigeria threatened
The Federal High Court of Nigeria said in a judgment on 24 January that the acquisition of a majority stake ...
Batelco pays $70m for 3G licence in Jordan
Bahraini incumbent Batelco has acquired a third-generation (3G) licence in Jordan for JD50m (US$70m). The company, formerly known as Bahrain ...
