Company in Sudan
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The Kuwaiti telecoms operator faces uphill battle
KUWAIT, 2014/03/03 The Kuwaiti telecoms operator faces uphill battle as currency fluctuation and political turmoil hamper Sudan and its southern neighbour. The Kuwaiti telecoms operator Zain operates in some tough markets, where hopes of bright new dawns have given way to cloudier realities. In Iraq, violence reached its highest level in five years in 2013 - with fears of sectarian clashes ahead of parliamentary elections due in April. Zain is still “months off” from its planned listing there, and has been fined $11.3m for the delay.
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