Browse
related articles
Zain says it sees no risk from lawsuit
- Kuwait: Tuesday, October 13 - 2009 at 11:56
Saad al-Barrak, CEO of Kuwait-based telecom firm Zain, has said the company is not concerned over a lawsuit by South Africa-based Econet Wireless disputing the ownership of Zain Nigeria, Reuters has reported. Last week, Econet had said it disputed the purchase in 2006 by Celtel, now called Zain, of a majority stake in a group called Vee Networks Limited, now Zain Nigeria. Econet has said it was pursuing arbitration proceedings because it believed it had been denied its right of first refusal over the stake.
Also consider reading:
Today's top stories
Week's top stories
Browse
related articles
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Staff
