Zain

Zain announces that it will sponsor the first ‘Mandela Day’ concert which will be held at New York’s Radio City Music Hall on July 18, 2009, Nelson Mandela’s 91st birthday to raise funds for his foundations. The concert, which will feature some of the world’s most famous musicians, is being staged by 46664 – the foundation’s name after Mandela’s Robben Island prison number which champions his humanitarian work - with the support of the Nelson Mandela Foundation charitable organisations...

Zain and Western Union, a global leader in money transfer, today announced that they will work together to deliver mobile money transfer services in countries in Africa and the Middle East through Zain’s new Zap platform. The Zap service provides Zain customers access to a full range of transactional services from their mobile phones. Customers can interact with select bank accounts, top-up or transfer airtime, and move money to businesses, friends and family...

Zain scooped up two major prizes at the prestigious 2009 Global Telecoms Business (GTB) Innovation Awards at a gala ceremony in London last week. The event was attended by over 350 industry leaders from across the globe. Zain’s Zap mobile commerce service won the Innovation in Mobile Banking award, while Zain Group CEO Dr Saad Al Barrak won the Editor’s Lifetime Achievement Award for personal contribution to the telecommunications industry...

The Global Humanitarian Forum and its President, former UN Secretary General Kofi Annan, together with mobile telecommunications company Zain, Ericsson, and the World Meteorological Organization (WMO), today announced a major initiative, dubbed “Weather Info for All”, to radically improve Africa’s weather monitoring network in the face of the growing impact of climate change...

In an official signing ceremony held in Amman, Jordan, Mobile Telecommunications Company KSC (“Zain”) and Palestinian Telecommunications Company Plc (“Paltel”) have entered into an agreement for a share-for-share exchange, which will see Zain take a majority interest in Paltel with an equity shareholding of 56.53% in exchange for Paltel owning 100% of Zain Jordan. Paltel is a publicly-listed entity on the Palestinian Stock Exchange and Abu Dhabi Securities Exchange. The merger will set the current Paltel shareholders equity position in both Paltel and its newly acquired subsidiary, Zain Jordan at 41.43%...

In the first agreement of its kind on the African continent, Zain has teamed-up with Ericsson, the world's leading provider of technology and services to telecom operators. Ericsson will be responsible for managing most of the network and field operations for Zain’s wireless networks and operational support systems, serving almost 4,000 sites across Nigeria. Also as part of the agreement, about 450 employees will be transferred from Zain Nigeria to Ericsson under their existing terms and conditions of service, where they will undergo further development in the latest wireless technologies...

In another world-first, leading mobile network operator, Zain, announced today that it has launched cross-border data services across the Middle East and in East Africa on its award winning ‘One Network’ platform. The data service is yet another demonstration of Zain’s commitment to expand ‘One Network’s’ revolutionary service in terms of geographical coverage and product offerings, this time by being the first mobile operator in the world to successfully introduce cross-border local GRX-based data access, an innovative technical solution which ensures faster access speeds at cost effective local rates than traditional internet roaming...

Zain, the leading mobile telecommunication operator in the Middle East and Africa with a commercial presence in 23 countries, announces today its consolidated financial results for the quarter ending 31 March, 2009. The results showed significant growth in many key performance indicators with consolidated revenues of KWD 567.2 million (US$ 1.96 billion), EBIDTA of KWD 245.4 million (US$ 847.1 million) with net profits reaching KWD 75.7 (US$ 260.5 million) and earnings per share of 20 fils (US$0.07)...

At a strategic meeting with senior Zain executives from all 22 African and Middle East operations, Zain Group CEO Dr Saad Al Barrak announced a new program to propel the company towards its 2011 target of being a top ten global mobile telecommunications operator. ‘Drive11’ will focus on customer facing services and commercial activities while centralizing or outsourcing some back office/non-core functions to strategic partners...

The Mobile Telecommunications Company Saudi Arabia, "Zain", has announced it has achieved consolidated revenues of SAR 581 million (US$155 million) and a total gross profit of SAR 146 million (US$39 million) for the first quarter ending March 31, 2009 for its new operation in the Kingdom of Saudi Arabia...