[General] STC To provide Android based phones to their customers

[Burhan Khalid]

Perhaps your friend was misunderstanding this news alert:

*A group of Asian investors that is in the final stages of buying a 46
percent stake in Kuwaiti telecom firm Zain has offered 2 dinars ($6.96) a
share, Al- Arabiya television reported on Sunday.*

Al-Arabia did not give a source for the information.

When asked to confirm whether shareholders were in talks to sell a stake in
Zain, Chief Executive Officer Saad al Barrak said "Yes."

Zain shares closed up 5.41 percent at 1.56 dinars on Sunday.


Today's price for outstanding shares is 4KD.


On Sun, Sep 6, 2009 at 6:30 PM, Burhan Khalid <burhan.khalid at gmail.com>wrote:

> That's ridiculous, Zain's closing share was 4KD why they would sell it for
> 2KD. C'mon people.
>
> On Sun, Sep 6, 2009 at 6:16 PM, Majed B. <majedb at gmail.com> wrote:
>
>> On other related news: Zain was sold to Abu Dhabi investment (9andoog
>> Abu '6abi lel estethmar) for $15 billion, at a rate of 2 KD per share.
>> I got this through an SMS from a friend who works @ Zain.
>>
>> On Sun, Sep 6, 2009 at 5:30 PM, Bashar Al-Abdulhadi<bashar at kuwaitnet.net>
>> wrote:
>> > Saudi Telecommunications Company (STC) signed an agreement to provide
>> HTC
>> > Magic to their users http://www.ameinfo.com/208609.html when Viva will
>> do it
>> > in Kuwait ;) ?
>> >
>> >
>> > _______________________________________________
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>> >
>> >
>>
>>
>>
>> --
>>       Majed B.
>>
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>
>
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