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عربي

MTC Vodafone Bahrain

  
Also known as: Zain Bahrain
 
 
 
 
 
 
 
 
 
 
Updated: Mar 09, 2011
 
 
 
Country

Bahrain

Ownership Type
Company Type
Joint Stock
 
 
 
 
Principal Activities
Manages and operates GSM mobile telecommunication network.
 
Date of Establishment Year
2003 (December)
 
No of Employees
320 Company, N/A Headquarters (As of Mar 05, 2011)
 
Brands
Zain
 
Retail Outlets
Bahrain (11)    
 
 
Contact Details
Address:
Al Afoo Building 662, Block 428
Road 2811
Al Seef
P.O. Box 266
Manama  
Capital
Bahrain
 
Tel:
+973 36-031000
 
Fax:
+973 36-031994
 
Email:
customercare.bh@zain.com
 
Website:
www.bh.zain.com

 
 
 IPO Details
Subscription
Period:
2010
Lead
Managers:
Securities and Investment Company, Watani Investment Company - NBK Capital
 
 
 Business Overview
MTC Vodafone Bahrain (Zain Bahrain) manages and operates a GSM mobile telecommunications network, domestically.

Established in December 2003, Zain Bahrain was the country’s second mobile operator, after it broke Bahrain Telecommunications Company’s monopoly. The company is majority owned by a consortium of the Kuwait-based Mobile Telecommunications Company, Vodafone Group and other Bahraini institutional and individual investors.

Zain Bahrain subscribers decreased by 3.5% to 662,000, annually, in 2009. The company increased its annual 2009 revenues by 15.33%, to BHD98 million (USD259 million) and increased its annual net profits by 30.84%, to BHD28 million (USD73.5 million).
 
 
Zawya Industry Benchmarks  Yr 2009  Yr 2010  Change (%)
No of Mobile Subscribers 662,000  499,000  (24.62) 
Average Revenue Per User - ARPU (USD) 32  N/A 
Penetration Rate - Mobile 90.1%  N/A 
% of Postpaid Subscribers 18.67%  N/A 
 
 
 Major Shareholders   
Name   Type  Country  Holding 
Mobile Telecommunications Company  Corporate Kuwait 56.25% 
Other Bahraini institutional and individual investors   Bahrain 16.67% 
HH Sheikh Ahmad Ali Abdullah Issa Al Khalifa  Private Bahrain 16.33% 
Vodafone Group  Corporate United Kingdom 6.06% 
The Pension Fund Commission  Government Bahrain 4.69% 
 
 
 Direct Investments and Related Entities 
Supervising Authority
Name  Country  Holding 
Telecommunications Regulatory Authority - Bahrain Bahrain -
 
 
 Competitors
 
 
 Financial Results  31-Dec-08  31-Dec-09   Yr on Yr 
  BHD'000 BHD'000 change (%)
Total revenues  84,947 97,971 15.33
Net profit 21,283 27,847 30.84
Paid-up capital 32,000 32,000 0.00