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Saturday, November 28 - 2009

Nedjma hits 3 million subscribers

Wataniya Telecom, (National Mobile Telecommunications Company K.S.C. - Ticker: (NMTC) today announced that its commercial operation in Algeria, known under the brand name Nedjma, has sparked a remarkable increase in mobile penetration doubling the total number of subscribers from 1.5 million in January 2006 to over 3 million subscribers in December 2006.

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  • Ahmad Haleem, Chief Executive Officer, Wataniya International.
    Ahmad Haleem, Chief Executive Officer, Wataniya International.
"Just two years after its commercial launch, Nedjma today is one of our fastest growing markets. As of December 2006, Nedjma more than doubled its subscribers in Algeria, generated positive cash flows and its average revenue per user has taken a positive turn," announced Ahmad Haleem, Chief Executive Officer, Wataniya International. "A combination of management determination and innovation has resulted in these achievements."

Since its launch in Algeria, Nedjma has contributed significantly to the advancement of mobile penetration in the country as it continues to maintain its innovation leadership strategy. The company is today among the most recognized brands in Algeria as it constantly provides high quality and the latest mobile services along with the best customer service in the country. Nedjma's GPRS / Edge network covers today 75% of the populated area in Algeria.
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About Wataniya Telecom
Commercially launched in December 1999, Wataniya Telecom is part of Kuwait Projects Company (KIPCO), and has been a driving force in increasing the mobile communications market in Kuwait to more than 90 per cent of the population. Wataniya Telecom is actively expanding its presence in the region serving more than 8.8 million customers in countries with a combined total population exceeding 92 million.

About Wataniya International
Wataniya International is responsible for leading the pursuit of global expansion opportunities, as well as leveraging technical, financial and commercial synergies within the Wataniya Telecom group of mobile operations.

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