News: Mobile Telecommunications Co KSC (ZAIN.KW)

ZAIN.KW on Kuwait Stock Exchange

475.00219
6 May 2015
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Tue, Apr 21 2015

UPDATE 1-Zain Saudi Q1 net loss narrows, beats estimates

DUBAI, April 21 - Telecom operator Zain Saudi's first-quarter loss narrowed by more than expected as demand for the company's products and services rose.

Zain Saudi Q1 net loss narrows, beats estimates

DUBAI, April 21 - Telecom operator Zain Saudi reported a narrowing first-quarter loss on Tuesday, beating analyst forecasts.

Kuwait's Zain seeks to repatriate $280 mln from Sudan

KUWAIT, Feb 24 - Kuwait and Sudan are in talks to help telecom operator Zain repatriate $280 million worth of Sudanese pounds, the company's chairman said on Tuesday.

MIDEAST STOCKS-Saudi Arabia rallies on as oil pares losses

* Saudi Arabia's petchems, banks surge again on strong volume

Kuwaiti telecom group Zain may sell transmitter towers

DUBAI, Jan 28 - Kuwaiti telecom operator Zain has appointed advisors to study the potential sale of its transmitter towers in some of the eight markets in which it operates, the company said on Wednesday.

Higher internet demand helps reduce losses at Zain Saudi

DUBAI - Telecoms operator Zain Saudi reported a reduced fourth-quarter loss on Wednesday, beating analysts' forecasts due to higher demand for Internet services and lower maintenance costs.

UPDATE 1-Higher internet demand helps reduce losses at Zain Saudi

* Year loss 1.27 bln riyals vs loss of 1.65 bln in 2013 (Adds details)

Zain Saudi Q4 net loss narrows, beats forecasts

* Q4 net loss 306 mln riyals vs net loss of 462.3 mln riyals a yr ago

UPDATE 1-Zain Saudi says rejects Mobily's $586 mln claim

* Zain Saudi says only owes around 13 mln riyals, rejects claim (Adds Zain Saudi CEO quotes, details)

Saudi telco Mobily says seeks arbitration on money owed by Zain Saudi

DUBAI, Dec 2 - Saudi Arabia's second-biggest telecom operator Mobily has asked for arbitration about money it claims it is owed by smaller rival Zain Saudi , Mobily said on Tuesday.

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