PalTel

Zain, Paltel merger off

After months of courting, the proposed merger between emerging markets telecoms giant Zain and Palestinian operator Paltel is off.

Zain merges Jordan operation with Paltel

Emerging markets telecoms giant Zain is to take a majority interest in Palestinian operator Paltel in a share swap deal which will merge Paltel with Zain Jordan.

Zain moves into Palestine

This week Kuwaiti headquartered carrier Zain has been negotiating the purchase of a stake in Palestinian carrier Palestine Telecommunication Company (PalTel). Paltel operates in the conflict-ridden West Bank and Gaza strip, where a fragile ceasefire is currently in place. Zain CEO Dr. Saad H. Al Barrak was in closed door meetings in the final week […]

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