Kalaam Telecom, Bahrain’s technology solutions provider, has announced the acquisition of Zajil International Telecom Co. (KSCC), one of Kuwait’s longest-established ISP and ICT services companies, with the aim of creating a regional powerhouse which will drive Digital Transformation in the GCC region and beyond.
The acquisition will create a combined entity with revenue of US$100 million, with data centres in five countries, network Point of Presence (PoPs) in 25 countries, and a subsea and land cable network that connects three continents.
Kalaam will be among the top three ISPs in the GCC and will be the only operator with an ISP licence for Bahrain, Kuwait and Saudi Arabia.
Nezar Al Saie, Chairman, Kalaam Telecom, said: “Kalaam’s acquisition of Zajil Telecom is a testament to our ambitious, resilient growth strategy. Despite the economic challenges that hit the world and our region, Kalaam has sustained its robust organic and acquisition-led expansion plans. We are delighted to acquire Zajil, which is hailed as the leading ISP in Kuwait with a solid customer portfolio, encompassing some of the most prominent enterprises and government institutions. We are also proud of the expansion of Kalaam Telecom shareholders, with the addition of some of the most prominent businessmen in the Gulf region. The acquisition empowers Kalaam to become one of the three largest independent ISPs in the Middle East and the only one with regional presence in different countries.”
Al Saie added: “This acquisition is underpinned by our continuous efforts to strengthen our innovative enterprise solutions by investing heavily in cementing our regional digital infrastructure. With the integration of Zajil Telecom into our wider group, Kalaam is boosting its reliable, premium offering of disruptive industry technologies to its current and prospect customers.”Click below to share this article