TeleGeography Logo

Zain rules out Vodafone deal

21 Jan 2008

Zain, the Kuwait-based firm which has cellular operations across the Middle East and Africa, has quashed rumours that it is in negotiations with the UK’s Vodafone Group. A local newspaper reported last week that Vodafone was interested in acquiring a stake in Zain, but a spokesperson for the Kuwaiti telco has told Reuters: ‘Vodafone is not in negotiations to buy either a significant or majority stake in Zain’. The Zain official would not comment on the possibility of Vodafone buying a minor interest. Vodafone is no stranger to the Kuwaiti firm: until last year Zain’s domestic cellular operations were branded MTC-Vodafone, with the two companies having collaborated for several years to co-market services.

Kuwait, Vodafone Group, Zain Group

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.