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What is Mobile Telecommunications Company mean?
Mobile Telecommunications Company K.S.C.P. (doing business as Zain), is a Kuwaiti mobile telecommunications company founded in 1983 in Kuwait as MTC (Mobile Telecommunications Company), and later rebranded as Zain in 2007. Zain has a commercial presence in eight countries across the Middle East with 49.5 million active customers as of 31 December 2019. The Vice Chairman and Group CEO is Bader Nasser Al-Kharafi, who was appointed in March 2017. Approximately 24.6% of the company is owned by Kuwait Investment Authority; 21.9% is owned by Omantel; only shareholders that own above 5% are disclosed.
The Zain brand is one of the most recognized telecom brands across the MENA region, with a brand value in excess of US$2.3 billion.
referencePosted on 30 Apr 2022, this text provides information on Miscellaneous in Computing related to Computing. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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