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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Monday, November 16, 2009

Rapid Rise in Zain's Revenues

For the first nine months of 2009, Zain Group said its consolidated revenues rose 24%year-on-year to 1.78 billion Kuwaiti dinars (6.22 billion US dollars) as its customer base increased 28% to almost 72 million following Zain's entry into Saudi Arabia and Ghana.

"With improving currency stability in many of our African operations, we expect to attain better results in 2010 and beyond,” said Dr. Saad Al Barrak, CEO of Zain, which has a "commercial presence" in 24 countries. source: Zain statement

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