News: Mobile Telecommunications Co KSC (ZAIN.KW)
6 May 2015
Tue, Apr 21 2015
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.
DUBAI, April 21 - Telecom operator Zain Saudi reported a narrowing first-quarter loss on Tuesday, beating analyst forecasts.
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.
* Saudi Arabia's petchems, banks surge again on strong volume
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.
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.
* Year loss 1.27 bln riyals vs loss of 1.65 bln in 2013 (Adds details)
* Q4 net loss 306 mln riyals vs net loss of 462.3 mln riyals a yr ago
* Zain Saudi says only owes around 13 mln riyals, rejects claim (Adds Zain Saudi CEO quotes, details)
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.