MoC reports 2007 revenues

Kuwait’s telecoms regulator and monopoly fixed line operator, the Ministry of Communications (MoC), reported revenues of KWD146.7 million (USD535.2 million) for 2007, according to a report from Arab Times. A comparative figure for the previous year was not given. The MoC says there were 800,153 telephone lines installed across Kuwait at the end of last year, of which 538,219 were active, giving a wireline penetration of around 18%.