Zain on the money with ‘Zap’: Mobile commerce service takes GSMA top prize
Barcelona, 16 February 2010: Zain, the leading mobile network operator in the Middle East and Africa, has won the inaugural GSMA’s 2010 ‘Mobile Money for the Unbanked Service’ award for ‘Zap’, its mobile commerce service. The announcement was made at the Global Mobile Awards, the industry’s leading annual prize ceremony, at the Mobile World Congress in Barcelona. .
Zap, which was launched exactly one year ago on February 16, 2009, in partnership with leading international and regional banks, provides the most comprehensive and accessible package of m-commerce features currently available anywhere in the world. With more that 12 million customers already fully-enabled for the service across seven African nations, ‘Zap’ is the biggest Mobile Commerce service in the world in terms of geographical coverage, enabled customers and service functionalities.
Zain announces 12 month 2009 results, 72.5 million customers
Revenues of KWD 2.318 billion (US$8.056 billion), an increase of 15.7 % on the twelve months of 2008. Net Income reached KWD 195 million (US$675 million)
Zain scoops triple crown at World Telecom Awards
Recognized as the Middle East’s Best Mobile Operator, Best Brand and Best Technical Innovation for its ground breaking, borderless ‘One Network’ service
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