Wed   19 Sep 2018   Search
Kalaam telecom acquires Tawasul telecom
03 : 13 PM - 15/05/2018
Manama, May 15 (BNA): Kalaam Telecom announced its acquisition of Tawasul Telecom, a Kuwait-based Information and Communication Technology solutions provider. Tawasul has a strong network presence in the Middle East, UK and Singapore and offices in five countries.
Kalaam’s officials announced that they acquired 100% stake in Tawasul Telecom. The acquisition of Tawasul will further strengthen Kalaam’s position in the Gulf Cooperation Council (GCC) and international market. This is the 3rd acquisition for Kalaam over the past 4 years.
Kalaam Telecom is the first alternative telecom service provider that emerged following the liberalisation of the telecom sector in Bahrain.
“This is a major milestone, a transformational step for Kalaam Telecom," Nezar Al Saie, Chairman of Kalaam Telecom, said, "Acquiring Tawasul is in line with our company’s vision of expanding regionally and internationally to further support the fast-growing telecom and ICT sector.”

F.K.N.
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