Zain - Bahrain, Kuwait, Sudan, Lebanon

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Zain Group is a mobile telecommunications company founded in 1983 in Kuwait as MTC or Mobile Telecommunications Company, and was later rebranded to Zain in 2007. Zain has commercial presence in 8 countries across Africa and the Middle East with about 37.6 million customers as of 31 March 2011. It employs 6000 people.

Presence in Africa

                                  From 2005 to 2010, Zain maintained a presence in a number of countries in Sub-Saharan Africa, in addition to its core market in the MENA region.

                      Zain entered Africa in May 2005 through the $3.4 billion purchase of Celtel International which had 13 country operations in Africa, serving five million customers at that time. Zain invested heavily across the continent through network upgrades and acquiring two more country licences. By June 2010, Zain had over 40 million customers across the continent, operating in Burkina Faso, Chad, Democratic Republic of the Congo, Gabon, Ghana, Kenya, Madagascar, Malawi, Niger, Nigeria, Sierra Leone, Tanzania, Uganda and Zambia.

Type Public company

Industry               Telecommunication

Founded              1983 as MTC

Area served       7 countries in Africa and the Middle East

Key people         Nabeel Bin Salamah, Chief Executive of Zain Group

Products              Mobile Telecommunications, Fixed Lines

Broadband and Internet

Revenue                US$4.79 billion (2011)

Net income

  US$1.033 billion (2011)

Owner(s)             24.6% is owned by Kuwait Investment Authority; 12.67% is owned by Al-Khair National for Stocks & Real Estate Co; only shareholders that own above 5% are disclosed

Employees          6,000 (as of 31 December 2010)

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