Kuwaiti telco Zain mulls investment targets in North Africa | The National:
"The Kuwaiti telecoms firm Zain is eyeing new opportunities in North Africa, having expressed an interest in Tunisia and a possible third telecoms licence in Libya.
Zain is also looking to acquire smaller companies, such as internet service providers and media companies, in neighbouring markets in an effort to become an “integrated” company, not just merely a telecoms player.
“We still want to grow inorganically and we are looking at opportunities in the Middle East and North Africa. There are some opportunities that strategically make sense,” said Scott Gegenheimer, the chief executive."
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