10 January 2007
Mr. Abdulhakeem Al Khayyat, Chairman of Mena Telecom and General Manager of Kuwait Finance House (Bahrain) stated "we are excited to receive our official National Fixed Wireless Service (NFWS) license following the ceremony on Monday 8 January at the Telecommunications Regulatory Authority (TRA).  Our aim is to bring the latest technology in the world to the Kingdom in order to make Bahrain one of the leaders of WiMax technology deployment worldwide, and to continue Bahrain's tradition of being the first in the Gulf for introducing new telecom technology."

Representing Kuwait Finance House (Bahrain) Mr. Abdul Razak Jawahery, Vice Chairman and Managing Director of Mena Telecom said "our plans for creating a serious alternative for customers seeking telecoms solutions are on track and we are happy with Mena Telecom's progress. We thank the TRA for their consistent support which is shown by liberalizing the telecoms market in the Kingdom. The move is positive for the economy, the business community and end-users, and we look forward to being part of this strategy."

Mr Jawahery continued by saying that Mena Telecom's NFWS license will facilitate the implementation of WiMax across the Kingdom. WiMax is the latest development in wireless networking technology and will deliver high-speed Internet access, as well as telephony and other telecommunication services for businesses and individuals across the nation. It will provide a real alternative to landline technology and it will provide nomadic services for customers. No longer will customers be constrained by wires, they can move their telecom and IT devices around the home or take them to the office; either way their service will always be there and ready to use and always at affordable prices.

Mena Telecom, an investment subsidiary of Kuwait Finance House (Bahrain), is a licensed telecommunications company based in the Kingdom of Bahrain, and aims to revolutionize the telecommunications industry in the Kingdom and beyond. Since its inception in 2003, Mena Telecom has made waves in the telecommunications sector by adapting leading, innovative technology.

-Ends-

Note to Editors
Mena Telecom is a licensed telecommunications company based in the Kingdom of Bahrain. An investment subsidiary of Kuwait Finance House (Bahrain), Mena Telecom aims to revolutionize the telecommunications industry in the Kingdom and beyond. Since its inception in 2003, Mena Telecom has made waves in the telecommunications sector by adapting leading, innovative technology.

Mena Telecom are pioneers in their field as one of the region's first GCC based Satellite Access Service Providers (SASP). Leading the way for others in the industry to follow, MENA Telecom was one of the first in the telecommunications sector to adopt and actively promote SASP technology which provides high speed WAN connectivity and enables access to the World Wide Web through an advanced two way satellite network.

Mena Telecom offers total telecommunications solutions which include the following services: Carrier Pre-Select Services, Two Way Satellite Services, Broadband Applications, and International Calling Cards.

For further information, please contact:
Sana Al Borshaid
VP - Corporate Communications
TEL: +973 17203033
Mobile: +97339954800
Email: sana.alborshaid@menatelecom.com

© Press Release 2007