Zain increases market share in Iraq and Bahrain

29 May 2008
Zain, the Kuwaiti mobile phone giant, has continued to increase its market share in Iraq and Bahrain, with large increases in the number of customers in both countries during the first quarter of 2008.

The Iraqi division had 7.8 million customers at the end of March, after it successfully completed the integration of more than 3 million IraQna customers it acquired in December 2007.

Zain’s Bahraini subsidiary is close to catching up with its only rival Batelco after it managed to increase customer numbers to 529,000, a 114 per cent increase in one year.

The only setback for Zain was its continued loss of market share in Jordan. Customer numbers at its Jordanian subsidiary fell by 5 per cent to 1.8 million because of increased competition.

The Lebanese business had flat customer numbers as the country waits for the long-expected sale of the two state-owned operators.

In its home market of Kuwait, Zain saw an increase in customer numbers of 8 per cent to reach 1.6 million users.

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