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Wireless

Zain Kuwait subscriber base grows to 2.9 mln

Monday 26 October 2015 | 12:15 CET | News
Zain Kuwait's customer base grew 9 percent year-on-year to serve 2.9 million customers as of 30 September. This is particularly impressive growth considering the mobile penetration rate in excess of 220 percent, the operator noted in its quarterly. Revenues for the first nine months of 2015 reached USD 810 million, EBITDA reached USD 398 million and net income amounted to USD 242 million. The appeal of Zain Kuwait's nationwide 4G network continues to grow, with data revenues now representing 36 percent of the operation's total revenues, which grew by 8 percent in KWD terms (2% in USD terms).

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Categories: Mobile & Wireless
Companies: Zain Kuwait
Countries: Kuwait
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