UK-based phone giant Vodafone eyes deal with Kuwait’s Zain
https://ergonoptix.com/loupe-guide/ UK-based phone giant Vodafone is close to an agreement with Kuwait’s Mobile Telecommunications Co, also known as Zain, to expand access to Middle East networks, it was reported on Friday.
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http://www.jamisonroadfire.com/history/ According to two people familiar with the matter, the accord would cover countries including Saudi Arabia, Iraq and Bahrain, Bloomberg reported.
https://sumanpsychiatryhospital.com/about-us/ It said the deal would let Vodafone, the world’s second-largest mobile-phone company, lower roaming fees and share handset-purchasing costs.
http://www.belico.co.uk/drum-shades/ It added that an announcement on the deal may be made as early as next week.
http://www.belico.co.uk/commercial/ Zain has operations across the Middle East and North Africa, while Vodafone’s presence in the region is limited to majority stakes in carriers in Qatar and Egypt.
https://www.musicremembrance.com/testimonials/ Vodafone last year signed accords with at least 10 Asian carriers to lower roaming rates and give subscribers better network coverage.
http://rangerdangerpodcast.com/creature-feature/ Kuwaiti telecom operator Zain reported a 1 percent rise in quarterly profit earlier this month, missing analysts’ estimates.
Zain said it made net profit of KD70.97m ($251.58m) in the three months to June 30. That compares to profit of KD70.26m in the prior-year period, the company said in a bourse statement.
https://reachrehab.co.uk/birmingham/ Vodafone Qatar last month reported a narrower quarterly loss on Tuesday, thanks to an increase in subscribers and higher consumer spending.
Vodafone, which ended Qatar Telecom’s domestic monopoly in 2009, made a first quarter net loss of QR118.3m ($32.49m) in the three months to June 30.
https://www.sonorabariatrics.com/4432-2/ That compares with a loss of QR122.3m in the year-earlier period. The operator’s financial year starts on April 1.
