Zain Generates $1.3Bn Revenue for Q1

Total Page:16

File Type:pdf, Size:1020Kb

Zain Generates $1.3Bn Revenue for Q1 ARAB TIMES, MONDAY, MAY 10, 2021 BUSINESS 9 Zain generates $1.3bn revenue for Q1 Zain HQ Building Group records net profit income of $147 million for Q1; EBITDA reaches $523 million KUWAIT CITY, May Group’s overall revenue everyday life and essential medi- Bank and Boubyan Bank for data 2. Zain KSA completely cal and commercial services, aim- related services. 9: Zain Group, a lead- settled the Group Shareholder ing to lessen the impact of the pan- Saudi Arabia: For Q1 2021, ing mobile innova- Loan with an upstream of USD demic on the societies we serve.” Zain KSA generated revenue tor with operations in 553 million during Q1 2021 “Our operational focus has been of SAR 1.9 billion (USD 517 3. Throughout the quar- centered on expanding and mon- million), EBITDA for the pe- seven markets across ter, Zain Group invested USD etizing our 4G, FTTH and 5G net- riod reached SAR 735 million the Middle East and 415 million in CAPEX (tangible works creating vast and lucrative (USD 196 million), reflecting and intangible) refl ecting 33% of opportunities particularly related an EBITDA margin of 38%. Africa, has announced total revenue, predominantly in to Enterprise (B2B) services to Net income for the three months its consolidated finan- expansion of Fiber-to-the-Home government and businesses of all reached SAR 41 million (USD cial results for the first (FTTH) infrastructure; spectrum sizes. At the same time, we con- 11 million). Having the King- fees; 4G upgrades and new net- tinue to make signifi cant progress dom’s largest 5G network cov- quarter (Q1) ended work sites across its markets, as in raising the company to new ering 50 cities, the operator’s March 31, 2021. Zain well as ongoing 5G rollouts in heights and maximizing value for data revenue represents 51% served 48.5 million cus- Kuwait, Saudi Arabia and Bahrain shareholders through our ‘4Sight’ of total revenue and customers 4. Kuwait witnessed im- strategy. We are evolving the served stood at 7.2 million. tomers at the end of the pressive growth in 5G consumer company’s core telecom business Iraq: Zain Iraq’s Q1 2021 rev- period. and B2B customers, with Zain and building on its many strengths enue reached USD 184 million Saudi Arabia expanding its 5G to selectively invest in growth and EBITDA amounted to USD Zain Group generated con- network to over 50 cities covering Bader Al-Kharafi, Zain Vice-Chair- Ahmed Al Tahous, Zain Group verticals beyond standard mobile man and Group CEO Chairman 75 million, refl ecting an EBITDA solidated Revenue of KD all regions in the Kingdom services.” margin of 41%. The operation 382 million (USD 1.3 billion) 5. Zain KSA enters MoU port, titled ‘The Ten-Year Jour- socio-economic activity and the Financial KPIs of key mar- reported a net profi t of USD 12 for the first quarter of 2021, with Mobily to unify telecom tow- ney’ as well as an insightful impact of currency devaluations kets for fi rst quarter (Q1) ended million for Q1 2021. The opera- down 6% year-on-year (Y- ers aiming to maximize effi ciency report on ‘Women in Technol- on the business. Nevertheless, our March 31, 2021 tor served 16.2 million custom- o-Y). EBITDA for the quar- and improve coverage throughout ogy- Bridging the Gender Gap culture of innovation has been Kuwait: Maintaining its market ers maintaining its market leading ter reached KD 158 million the Kingdom in STEM Fields’ invaluable at this time of rapid leadership, Zain Group’s fl agship position. It should be noted that (USD 523 million), down 7% 6. Saudi Central Bank Commenting on the Q1 2021 change, and our business conti- operation saw its customer base on December 19, 2020, the Iraqi (SAMA) grants Zain KSA fi ntech results, Chairman of the Board nuity strategy has been executed serve 2.5 million. It remains the dinar was offi cially devalued by Y-o-Y, reflecting an EBITDA subsidiary, ‘Tamam’, fi rst con- Group’s most profi table operation 19% from 1,190 to 1,470 (IQD margin of 41%. Net income of Directors of Zain Group, impressively to counter these sumer micro-fi nancing license in Ahmed Al Tahous said, “The factors. Management has proac- with revenue for Q1 2021 reach- / USD), impacting Revenue by for the quarter reached KD 45 the region ing KD 79.4 million (USD 263 Board and Executive Manage- tively undertaken numerous de- USD 43 million. million (USD 147 million), 7. Zain Iraq and Zain South cisive digital transformation and million), EBITDA reaching KD Sudan: For Q1 2021, Zain Sudan launch high-speed 4G com- ment have been focused on 28 million (USD 93 million), rep- down 5% Y-o-Y reflecting an minimizing the ongoing impact cost optimization initiatives while Sudan generated revenue of Earnings Per Share of 10 Fils mercial services boosting connec- resenting an EBITDA margin of USD 92 million, with EBITDA tivity and socio-economic activity of COVID-19 and significant maintaining healthy cash fl ows, 35%. Net income reached KD 17 (USD 0.03). Significantly, currency devaluations in Iraq and both Zain Iraq and Zain Su- amounting to USD 42 million, 8. Zain esports successful million (USD 56 million) for Q1 reflecting an EBITDA margin of Zain Group net income grew rollout as one of the fastest grow- and Sudan on the business. We dan have recently taken measures 2021, with data revenue growing in dealing with currency devalua- 46%. Net income for the period operationally by 4% Y-o-Y ing esports brands across Middle are dedicated to ensuring our by 2% and accounting for 39% of reached USD 18 million. Data for Q1, 2021, when exclud- East attracting over 15,000 regis- mobile networks are operating tions by revamping prices and of- total revenue. revenue grew by 32% represent- ing the one-time gain from the tered players and 25 million views at optimal levels and providing fering new attractive data moneti- During the quarter, the opera- ing 29% of total revenue, while sale and lease back of towers across various social media chan- meaningful connectivity to the zation packages.” tor witnessed impressive growth the operator’s customer base in Kuwait during Q1 2020. nels communities we serve. I would Al-Kharafi continued, “Given in both 5G mobile and broadband reached a record 17.2 million, For Q1 2021, foreign currency 9. The Zain Group Appli- like to thank all the government the limitations on mobility, lo- customers and resulting revenue maintaining its market leader- translation was impacted mainly cation Program Interface (API) entities and regulatory authori- cally and travel abroad, we have capturing the largest 5G market ship. On February 21, 2021, due to the currency devaluation platform continues to grow with ties across our markets for their continued to play a key role in share in the country. Continual Sudan’s central bank sharply in Sudan from 55 to 375 (SDG / 12 digital partnerships offering proactivity and cooperation keeping people socially distanced innovation and digital transfor- devalued the Sudanese pound USD) during end of February, and 21 attractive services, resulting in with the telecom sector at large, while remaining connected and mation saw the launch of a new from 55 to 375 (SDG / USD), a 19% currency devaluation in substantial revenue with 5 million in supporting operators, mobile productive during the current and dynamic customer app offer- impacting Revenue by USD 134 Iraq from an 1,190 to 1,470 (IQD monthly transactions and totaling consumers and societies during learning and working from home ing many new features, as well as million. / USD), cost the Group USD 177 over 80 million transactions since these times.” environment. All Zain operations’ enhancement of its web and zBot Jordan: For Q1 2021, Zain million in Revenue and USD 66 its launch Bader Nasser Al-Kharafi , Zain response to these modifi ed cir- chat service. From a B2B perspec- Jordan revenue reached USD 124 million in EBITDA. 10. Zain was the highest Vice-Chairman and Group CEO cumstances has been nothing but tive, Zain Kuwait partnered with million, EBITDA reached USD Zain Group’s resilient results ranked MEA operator in CDP commented, “The Group’s resil- exemplary. We implemented ad- the Ministry of Interior to revamp 56 million, refl ecting an EBITDA for Q1 2021 were achieved de- global index with respect to its ef- ient performance for the quarter ditional digitalization initiatives the Kuwait TV app to live stream margin of 45%, with net income spite the widespread disruption forts to address climate change refl ects the reality of the unavoid- to better serve businesses, govern- 9 local video and 11 radio chan- reaching USD 20 million. With in economic and social activ- 11. Zain Group publishes able combination of both COV- ments, and communities, granting nels. Also, the operator entered the ongoing expansion of 4G ity caused by COVID-19, further 10th annual sustainability re- ID-19’s ongoing disruption on them increased digital access to deals with Kuwait International services across the country, data compounded by the recent and revenue grew 12% representing signifi cant currency devaluations 48% of total revenue. Zain Jor- in Iraq and Sudan. dan served 3.6 million customers It should be noted that the im- maintaining its market leading pact of the pandemic on the busi- position. ness was minimal during Q1 2020, Bahrain: Zain Bahrain gener- given its early stage of spread at ated revenue of USD 44 million the time, however in Q1 2021 the for Q1 2021. EBITDA for the pe- impact was more profound.
Recommended publications
  • Global 500 Mar 10
    Global 500 March 2010 Global 500 March 2010 Market values and prices at 31 March 2010 Global Rank Global Rank Market March December value 2010 2009 Company Country Sector Price ($) ($m) 1 1 Petrochina China Oil & gas producers 1.2 329,259.7 2 2 Exxon Mobil US Oil & gas producers 67.0 316,230.8 3 3 Microsoft US Software & computer services 29.3 256,864.7 4 4 Indl & Coml Bank of China China Banks 0.8 246,419.8 5 10 Apple US Technology hardware & equipment 235.0 213,096.7 6 7 BHP Billiton Australia/UK Mining 40.0 209,935.1 7 5 Wal-Mart Stores US General retailers 55.6 209,000.7 8 24 Berkshire Hathaway US Nonlife insurance 121,800.0 200,620.5 9 20 General Electric US General industrials 18.2 194,246.2 10 11 China Mobile Hong Kong Mobile telecommunications 9.6 192,998.6 11 6 China Construction Bank China Banks 0.8 191,517.0 12 15 Nestle Switzerland Food producers 51.3 187,255.0 13 9 Petrobras Brazil Oil & gas producers 22.2 186,239.5 14 16 Procter & Gamble US Household goods & home construction 63.3 183,773.4 15 14 Johnson & Johnson US Pharmaceuticals & biotechnology 65.2 179,708.1 16 38 Bank of America US Banks 17.9 179,073.9 17 18 JP Morgan Chase US Banks 44.8 177,792.1 18 13 BP UK Oil & gas producers 9.5 177,609.1 19 12 Royal Dutch Shell Netherlands Oil & gas producers 29.0 176,968.1 20 8 HSBC UK Banks 10.1 176,573.5 21 17 IBM US Software & computer services 128.3 166,597.1 22 31 Vale Brazil Industrial metals & mining 32.0 162,829.9 23 33 Wells Fargo & Co US Banks 31.1 161,454.5 24 19 AT&T US Fixed line telecommunications 25.8 152,509.6
    [Show full text]
  • Facing Challenges with Innovation
    FACING CHALLENGES WITH INNOVATION SUSTAINABILITY REPORT 2014 ABOUT THE REPORT INTRODUCTION Our 2014 Sustainability Report is the fourth consolidated report detailing the sustainability performance and related Through the 2014 Sustainability Report, Zain shares with its stakeholders and other interested parties the internal achievements of Zain Group. The report provides transparent, in-depth reporting on the economic, social and and external achievements, policies and future targets of Zain, on issues pertaining to sustainability and corporate environmental impacts of our operations for the year ended December 31, 2014. Deloitte & Touche has provided responsibility. The report is the embodiment of our commitment to positively impact the socio-economic and independent limited assurance on the 2014 Sustainability Report, details of which are included in the Independent environmental sustainability of our communities. Transparent and accurate reporting represents a fundamental theme Assurance Report on page 90. in organizational sustainability, and as such, Zain remains determined to further develop its Sustainability Report every year, and share information about issues deemed most material to the organization and its key stakeholders. The 2014 Sustainability Report is formally reviewed and approved by the Head of CSSR, the CEO, the CFO, and the Head of Risk at Zain Group. Zain’s dedication to creating ‘A Wonderful World’ stems from the belief within the organization that contributing to the socio-economic development of our operating countries, improving our environmental performance, and The publication of our Sustainability Report on an annual basis underscores our dedication to sharing our growing developing our employees will ultimately lead to a more successful and profitable organization. Our actions to promote commitment to sustainability and social responsibility with our valued stakeholders and the wider public.
    [Show full text]
  • Teaming Agreement with Kuwait's Zain Group
    5 December 2018 ASX RELEASE Teaming Agreement with Kuwait’s Zain Group Sydney, Australia - DroneShield Ltd (the “Company” or “DroneShield”), a leader in the emerging industry of drone security solutions, is pleased to announce that Zain Group (“Zain”) and DroneShield have entered into a Teaming Agreement. Zain Group (KWSE:ZAIN) is a leading Middle Eastern mobile and data services operator headquartered in Kuwait, with substantial operations across a number of Middle Eastern countries, a workforce of over 6,000, over 47 million active individual, business and governmental customers, and a market capitalisation of approximately US$7 billion. A copy of a joint statement by Zain and DroneShield is enclosed below. Further Information Oleg Vornik CEO and Managing Director Email: [email protected] Tel: +61 2 9995 7280 About DroneShield Limited Based in Sydney, Australia and Virginia, USA, DroneShield is a worldwide leader in drone security technology. The Company has developed the pre-eminent drone security solution that protects people, organisations and critical infrastructure from intrusion from drones. Its leadership brings world-class expertise in engineering and physics, combined with deep experience in defence, intelligence, and aerospace. ENDS Zain Drone partners with worldwide leader DroneShield, to offer counterdrone solutions across the Middle East • Bader Al-Kharafi: “Civil infrastructure operators, airports, governmental bodies and security agencies, and others will benefit from counterdrone security solutions.” • Agreement follows the recent launch of Zain Drone services in Kuwait Sydney, Australia and Kuwait City, Kuwait, December 5, 2018 Zain Group (“Zain”), a leading Middle Eastern mobile and data services operator headquartered in Kuwait has entered into a Teaming Agreement with DroneShield Ltd (ASX:DRO) (“DroneShield”), a worldwide leader in counterdrone solutions, which will see the companies working together on meeting Zain’s customers’ requirements for counterdrone security solutions in the region.
    [Show full text]
  • The MENA Business Angel Network, Seed Funds and Early Stage
    The MENA Business Angel Network, Seed Funds and Early Stage Market Players Mission Statement As part of the Innovation Initiative announced by HRH Sheikh Mohammed Bin Rashed a new pan Arab initiative is created; Middle East Business Angel Network (MBAN) modelled on the European Business Angel Network (EBAN) with the purpose of bringing together all stakeholders in the start-up ecosystem, including limited partners; venture capital, seed, and angel investors; incubators; legal, accounting, and support functions; as well as the entrepreneurs. The Goals of the MBAN Promote contact between entrepreneurs and investors across the region. Promote an entrepreneurial culture in the region that encourages risk-taking, acceptance of failure, and celebrates business success. Train, advocate and support potential business Angels and provide a platform for cooperation. Remove bureaucratic and legal obstacles to entrepreneurship and angel investment. Promote investments in SMEs as means to support positive economic and social impact across MENA. MBAN Focus MBAN will be focusing on improving the deal-flow and increasing the number of start-ups that are viable to get follow-up funding. In addition we will approach potential business angels to invest in these companies. Having a bigger deal-flow of viable startups in an organized way will stimulate a healthy investment environment and attracts business angels. MBAN shall take the lead in the following actions: Create awareness on Angel investing and the advantages of business angel networks and promote role models and success stories through: Conferences (speaker, organization of events). Production and circulation of papers and studies (advocacy). Support the creation and the management of new BAN in the MENA countries (awareness, technical assistance, training, etc.) Inception mission (identify the leaders, supporters, raise awareness of the ecosystem).
    [Show full text]
  • Who Else Profits the Scope of European and Multinational Business in the Occupied Territories
    WHO ELSE PROFITS The Scope of European and Multinational Business in the Occupied Territories SECOND RepORT | NOVEMBER 2018 A Saharawi woman waving a Polisario-Saharawi flag at the Smara Saharawi refugee camp, near Western Sahara’s border. Photo credit: FAROUK BATICHE/AFP/Getty Images WHO ELse PROFIts The Scope of European and Multinational Business in the Occupied Territories This report is based on publicly available information, from news media, NGOs, national governments and corporate statements. Though we have taken efforts to verify the accuracy of the information, we are not responsible for, and cannot vouch, for the accuracy of the sources cited here. Nothing in this report should be construed as expressing a legal opinion about the actions of any company. Nor should it be construed as endorsing or opposing any of the corporate activities discussed herein. ISBN 978-965-7674-58-1 CONTENTS INTRODUCTION 2 WORLD MAp 7 WesteRN SAHARA 9 The Coca-Cola Company 13 Norges Bank 15 Priceline Group 18 TripAdvisor 19 Thyssenkrupp 21 Enel Group 23 INWI 25 Zain Group 26 Caterpillar 27 Biwater 28 Binter 29 Bombardier 31 Jacobs Engineering Group Inc. 33 Western Union 35 Transavia Airlines C.V. 37 Atlas Copco 39 Royal Dutch Shell 40 Italgen 41 Gamesa Corporación Tecnológica 43 NAgoRNO-KARABAKH 45 Caterpillar 48 Airbnb 49 FLSmidth 50 AraratBank 51 Ameriabank 53 ArmSwissBank CJSC 55 Artsakh HEK 57 Ardshinbank 58 Tashir Group 59 NoRTHERN CYPRUs 61 Priceline Group 65 Zurich Insurance 66 Danske Bank 67 TNT Express 68 Ford Motor Company 69 BNP Paribas SA 70 Adana Çimento 72 RE/MAX 73 Telia Company 75 Robert Bosch GmbH 77 INTRODUCTION INTRODUCTION On March 24, 2016, the UN General Assembly Human Rights Council (UNHRC), at its 31st session, adopted resolution 31/36, which instructed the High Commissioner for human rights to prepare a “database” of certain business enterprises1.
    [Show full text]
  • COVER CONNECT2 5 Layout 1
    ConnectA Zain Magazine | August 2010 Issue 10 FAREWELL TO AFRICA ZAIN’S LEGACY OF ACHIEVEMENT THE SPEED OF LTE • IPAD MANIA • IN-FLIGHT, ONLINE • DHOWS OF THE OCEAN • THE SPIRIT OF BEIRUT • UM KULTHUM RAMADAN KAREEM Allah Akbar Greater than my success, greater than my fear No matter how deep your worries or how steep your challenges, no matter how powerful your fears or how discouraging an illness may seem… remember that God is greater. Allah Akbar. It is more than a call for prayer; it is a call of faith and hope. Deeper than any expression of human emotion, it is a source of strength that rises against all odds. This month and every moment of every day of every month that follows… we raise the call that helps us rise above. Ramadan Kareem. Allah Akbar Greater than my success, greater than my fear No matter how deep your worries or how steep your challenges, no matter how powerful your fears or how discouraging an illness may seem… remember that God is greater. Allah Akbar. It is more than a call for prayer; it is a call of faith and hope. Deeper than any expression of human emotion, it is a source of strength that rises against all odds. This month and every moment of every day of every month that follows… we raise the call that helps us rise above. Ramadan Kareem. CEO’S MESSAGE Building on solid foundations t gives me great pleasure to address you for the Every Teacher” initiative. In Bahrain we used first time and to welcome you to the 10th issue technology to help those with impaired hearing Iof Zain’s corporate magazine, now called and highlighted the need for more women in the Connect, appearing in both English and Arabic in workforce.
    [Show full text]
  • Contemporary Resume
    E-mail: [email protected] Omar Habash Mobile (1): +1-941-803-6186 Mobile (2): +962-7-88002202 Highly motivated and inspiring leader with extensive experience in working with multinational Summary organizations and a proven track record for effective team management and creating a vision for success while giving proper strategic direction for execution. Professional 2019 Nov. – Present Metro by T-Mobile Tampa, USA Experience Business Development Consultant 2018 Jan. – 2019 Oct. Route Mobile Limited Dubai, UAE Vice President – Carrier Relations Route Mobile is a leading Cloud Communication Platform provider, catering to enterprises, (OTT) players and mobile network operators (MNO) from (15+) locations across Africa, Asia Pacific, Europe, Middle East and North America. Built and improved brand awareness in the Middle East & Africa regions and converted awareness into market share and incremental sales. Created revenue-producing relationships with decision-making CxO executives at targeted firms, as well as drove the sales cycle of all assigned sales opportunities from initial prospect communication through contract execution. Developed a sales strategy, executed sales plans, created customer interest, and managed channel partners throughout the MENA region. Provided leadership and strategic advice to the team and worked with senior management on defining a long-term customer acquisition plan & product pipeline. Developed a healthy pipeline with existing clients while strategically identifying new sales opportunities to penetrate new markets. 2016 July – 2017 Dec. HAUD Systems Dubai, UAE Vice President – Business Development HAUD is a subsidiary of technology specialist Trillian Group, as a member of the GSMA and the Communications Fraud Control Association (CFCA); HAUD helps mobile operators stay in control of their networks, wholesale revenues and customer experience.
    [Show full text]
  • Arab Donors' Unit Update
    United Nations Relief and Works Agency For Palestine Refugees in the Near East ARAB DONORS’ UNIT UPDATE The Arab Donors’ Unit Update (ADUU) is a regular publication from UNRWA’s Exter- nal Relations Depart- ment (ERD) in Amman. The ADUU reports on UNRWA’s major ini- tiatives and events of particular interest in the Arab world. It also summarizes the ac- tivities of our donors and their latest contri- butions to our various portfolios. The ADUU is intended for distribution to our donors, our partner NGOs, other UN Agen- cies and departments as well as UNRWA’s Field and Area Offices. I s s u e 2 October 2009- February 2010 UNRWA News Record Pledges from Arab Countries in 2009 In 2009, Arab countries pledged an impressive $106.83 million to UNRWA’s activities. The largest contribution came from His Highness the Amir of Kuwait who donated $34 million for Gaza’s Emergency Appeal. It was followed closely by Saudi Arabia’s pledge of $25 million for the reconstruction of the Nahr el-Bared Camp in Lebanon. The Agency additionally received $29 million dollars worth of in kind donations which were delivered to Gaza via the Jordanian Hashemite Charitable Organisation. HRH Prince Nayef Receives UNRWA New UNRWA Commissioner- Distinguished Donor Award General, Mr Filippo Grandi HRH Prince Nayef bin Abdul Aziz of my last acts as Commissioner- Al Saud, Second Deputy Prime General of UNRWA is to present Minister and Minister of the Interior this well deserved award to His The appointment of Mr of Saudi Arabia, has become the Royal Highness Prince Nayef Bin Filippo Grandi as the new first individual to receive UNRWA’s Abdulaziz.
    [Show full text]
  • Zain Group Generates Revenue of $1.3Bn, Net Profit of $147M for First Three
    Established 1961 9 Business Monday, May 10, 2021 Zain Group generates revenue of $1.3bn, net profit of $147m for first three months of 2021 KUWAIT: Zain Group, a leading mobile innovator with operations in seven markets across the Middle East and Africa, Vice-Chairman & Group announced its consolidated financial results Chairman Ahmed Al-Tahous: for the first quarter (Q1) ended March 31, CEO Bader Al-Kharafi: “We 2021. Zain served 48.5 million customers at “Board working closely with the end of the period. continue to maintain healthy Zain Group generated consolidated rev- management in mitigating enue of KD 382 million ($1.3 billion) for the cash flows and focus on first quarter of 2021, down 6 percent year- the unavoidable currency on-year (Y-o-Y). EBITDA for the quarter digital transformation in reached KD 158 million ($523 million), down devaluations and impact of 7 percent Y-o-Y, reflecting an EBITDA mar- serving communities, enter- gin of 41 percent. Net income for the quarter COVID-19 on the business” Zain Vice-Chairman and Group CEO Bader reached KD 45 million ($147 million), down 5 prises and governments” Zain Group Chairman Ahmed Al-Tahous Al-Kharafi percent Y-o-Y reflecting an Earnings Per Share of 10 fils ($0.03). Significantly, Zain Group net income grew operationally by 4 Kingdom thank all the government entities and regu- tered on expanding and monetizing our 4G, Saudi Arabia: For Q1 2021, Zain KSA percent Y-o-Y for Q1, 2021, when excluding 5. Zain KSA enters MoU with Mobily to latory authorities across our markets for FTTH and 5G networks creating vast and generated revenue of SAR 1.9 billion ($517 the one-time gain from the sale and lease unify telecom towers aiming to maximize effi- their proactivity and cooperation with the lucrative opportunities particularly related million), EBITDA for the period reached back of towers in Kuwait during Q1 2020.
    [Show full text]
  • Mr. Ahmed Obeidat
    ITU Regional Workshop on “Competition in Telecommunications Market” Khartoum-Sudan, 24-26 May 2016 Market power, Anticompetitive practices and Types of regulatory intervention Ahmad Obeidat Group Regulatory Affairs Director Zain Group Two main actors are involved in Competition in Telecom 1.Competition Authority (CA): enforcing competition law 2.sector specific regulator (NRA): Guarantee a level playing field and ensure non-discriminatory treatment of all players in the liberalized market Ex-ante/ex-post Regulations Ex post regulation Ex ante regulation Enforcement may be enforced by either the NRA Authority NRA or the CA, Scope competition law-based sector specific regulation) regulation Retroactive: Regulators Forward-looking: reactively intervene in the Regulators proactively Assessment market only after harm has intervene in the market occurred before harm occurs limit firms designated as having SMP from using their market power to Intervention Sanction and rules to stop anticompetitive practices restrict or distort competition in the relevant market Market Review Process 1.Data collection 2. Defining the Relevant Market - product market, and - Geographic market 3. Determining Market Share 4. Analysis of the effectiveness of competition and the identification of operators with dominance /SMP - Significant Market Power (SMP), and - Dominance 5. Selecting remedies Competition Framework in Zain Countries General Sector-specific competition competition law regulations Jordan - 2004 Jordan/Competition Guidelines 2006 Saudi Arabia - 2004
    [Show full text]
  • Corruption in the Telecommunication Sector in Sudan
    [Company name] [Document title] [Document subtitle] Sudan Transparency Initiative Sudan Democracy First Group (SDFG) was formed as an umbrella group of leading Sudanese independent and democratic civil society and media actors to serve as a civil society and think tank that conduct indigenous research, analysis and advocacy on human rights, development, peace and democratic transformation in Sudan. SDFG launched the Sudan Transparency Initiative (STI) Project in March 2015 to investigate, analyze, document and disseminate credible and reliable information about the scope and scale of corruption and lack of transparency in Sudan. The overarching objective of the project is to raise awareness, promote accountability and resistance and spur grassroots anti-corruption movements in Sudan. One of the components of the project is to commission expert consultants to thoroughly research and report on corruption and lack of transparency in specific key sectors. The telecommunication sector receives considerable attention and controversy both in government circles as well as the public arena. This report is an attempt to shed light on the intricate and multifaceted structure of this sector. Contact us: [email protected] Sudan Transparency Initiative Contents Preface:................................................................................................................................................................... 4 Overview: the importance and function of the telecommunication sector: ............................. 4 Objective:
    [Show full text]
  • IMSI Prepaid MVNO 31/05/2011 23:42
    Mobile country codes (MCC) / IMSI Prepaid MVNO 31/05/2011 23:42 Home Info Carrier Blue Book Country Headlines MNO Networks MVNE Providers MVNO Companies Resources Legal Mobile country codes (MCC) / IMSI Mobile country codes (MCC) are defined in the ITU E.212 (Land mobile numbering plan) for use in identifying mobile stations in wireless telephone networks (GSM, UMTS). To View Mobile country codes (MCC) ⇓ Please expand Mobile Network codes (MNC) Mobile Network codes (MNC) is used in combination with Mobile Country Codes (MCC) to identify a mobile phone operator/carrier using the GMS, CDMA, iDEN, TETRA and UMTS public land mobile networks. This list is updated and maintained by Sendgea.com – Worldwide SMS and MMS gateway aggregator. Afganistan MCC MNC IMSI Bands Network name Operator name Former network name Status Updated 412 1 41201 GSM AWCC AWCC Operational 06.01.2011 412 20 41220 GSM TDCA Roshan Operational 06.01.2011 412 40 41240 GSM MNT Afganistan Areeba Operational 06.01.2011 412 50 41250 GSM Etisalat Afghanistan Etisalat Operational 06.01.2011 Albania MCC MNC IMSI Bands Network name Operator name Former network name Status Updated 276 1 27601 GSM AMC AMS AMC Operational 06.01.2011 276 2 27602 GSM Vodafone Albania Vodafone Vodafone Albania Operational 06.01.2011 276 3 27603 GSM Eagle Mobile Eagle Mobile Operational 06.01.2011 276 4 GSM Plus Communcation Plus Communication Operational 06.01.2011 Algeria MCC MNC IMSI Bands Network name Operator name Former network name Status Updated 603 1 60301 GSM ATM Mobilis Mobilis Algerie Telecom Operational 06.01.2011 603 2 60302 GSM Orascom Telecom Algerie Spa Djezzy Orascom Telecom Algerie Operational 06.01.2011 603 3 60303 GSM Wataniya Telecom Algerie Nedjma Operational 06.01.2011 American Samoa MCC MNC IMSI Bands Network name Operator name Former network name Status Updated 544 11 54411 GSM Blue Sky Communications Operational 06.01.2011 Andorra MCC MNC IMSI Bands Network name Operator name Former network name Status Updated 213 3 21303 GSM Servei De Tele.
    [Show full text]