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Home > Communications > Telecommunications > General Telecom
Kuwait Telecommunications Report Q1 2008
Kuwait’s telecoms market was rocked by the news in September 2007 that its leading mobile operator,and one of the largest carriers in the region, MTC, would move its international headquarters from itsdomestic market and move its base to Manama, Bahrain. This completed MTC’s transformation, whichbegan with it changing its brand name to Zain (with immediate effect in Kuwait, Bahrain and Jordan).This is devastating news for Kuwait’s strategy of trying to be less reliant on oil revenues and strengthenother sectors such as ICT. It had hoped to become something of a technology hub, but this could not befurther from the truth at the moment. The lack of an independent telecoms regulator and the uncertaintyof Kuwait’s fiscal policy were key factors behind Zain’s decision. Indeed, the company appears to havebought into the idea of Bahrain becoming exactly what Kuwait aspired to be.
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