Company Profile For Mobile Telecommunications Company K.S.C.

Mobile Telecommunications Company K.S.C. (ZAIN.KW) (Kuwait Stock Exchange)

sector: Telecommunications Services · industry: Wireless Telecommunications Services ·

As of 2:59pm IST

1,000.00KWD

Price Change

+40.00

Percent Change

+4.17%

Analyst Recommendations

Overview

Mobile Telecommunications Company KSC (Zain) is a Kuwait-based public shareholding company engaged, together with its subsidiaries, in the provision of mobile telecommunication and data services, including operation, purchase, delivery, installation, management and maintenance of mobile telephones and paging systems in Kuwait and 21 other countries in the Middle East and North Africa. Its wholly owned subsidiaries include Zain International BV, The Netherlands; Mobile Telecommunications Company Lebanon (MTC) SARL, Lebanon, and Sudanese Mobile Telephone (Zain) Company Limited, Sudan.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Mobile Telecommunications Company KSC's total revenue increased 24% to KWD1.16B. Net profit increased 4% to KWD154.5M. Total revenue reflects an increase in the overall sales of the Company. Net income was partially offset by an increase in general and administrative costs, as well as distribution, marketing and operating expenses and finance charges.