KUWAIT, Sept 12 (KUNA) -- Kuwait's Mobile Telecommunications Company (MTC) was honored by Communications Middle East and Africa (Comms MEA) magazine with the awards of Middle East Mobile Operator of the Year 2005 and Telecoms Deal of the Year 2005.
MTC currently operates in 20 nations with over 23 million customers, making it the world's fifth largest telecommunications company.
During 2005, MTC acquired Celtel, Africa's leading mobile operator, through a deal worth USD 3.4 billion. The deal is considered the largest direct foreign investment in Africa by a Middle-Eastern firm.
In a press statement, MTC's Deputy Chairman and CEO Dr. Saad Al-Barrak said such awards recognize the fruitfulness of the firm's nine-year strategy that was launched in 2002, noting that MTC has almost met the strategy's goals six years ahead of time.
MTC is a nominee in the category of Best National/Regional Operator by Total Telecom's World Communication Awards 2006 (WCA 2006) that will take place in London on November 9.
