TeleGeography Logo

Zain Group 9M revenues increase 2.2% to KWD988mn

2 Nov 2011

Kuwait-based telecoms group Zain has reported consolidated revenues of KWD988.1 million (USD3.58 billion) for the nine months ended 30 September 2011. This figure represents an increase of 2.2% compared to the same period one year earlier. Meanwhile, the company’s consolidated EBITDA reached KWD444.4 million during the period, a 4% improvement on the figure generated during 9M10. Elsewhere, net income for the first nine months of 2011 rose 7%, to reach KWD210.2 million. In operational terms, Zain reports that customers across its network have increased by 17% year-on-year, to reach 41.4 million by 30 September 2011, equivalent to around 6.1 million net new additions. The telecoms giant has yet to release a full operational breakdown, although one is expected later this month.

Kuwait, 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.