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Jul 31 2011

* Zain Expects Triple Digit Customer Growth In S.Sudan In Coming Yrs

Sunday, Jul 31, 2011

(MORE TO FOLLOW) Dow Jones Newswires

31-07-11 1402GMT

* Kuwait's Zain 1H Net Pft +17% Vs Year Ago On Subscriber Adds

Sunday, Jul 31, 2011

(MORE TO FOLLOW) Dow Jones Newswires

31-07-11 1445GMT

Kuwait's Zain 1H Net Pft +17% Vs Year Ago On Subscriber Adds

Sunday, Jul 31, 2011

CAIRO (Zawya Dow Jones)--Kuwait's Mobile Telecommunications Co., better known as Zain (ZAIN.KW), said Sunday first half net profit increased 17% to 140.2 million Kuwaiti dinars ($506.5 million), compared with a year ago, as the company added more subscribers.

According to Zawya Dow Jones calculations the telco made a second quarter net profit of KWD70.3 million, down 31.7% from KWD103 million in the year ago period.

Zain shares closed trading Sunday flat at KWD0.990.

-By Shereen El Gazzar, Dow Jones Newswires, +9714 446 1684; Shereen.elgazzar@dowjones.com

(END) Dow Jones Newswires

31-07-11 1445GMT

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