M&A Deal Summary

Kalaam Telecom Acquires Zajil Telecom

On June 9, 2021, Kalaam Telecom acquired communications company Zajil Telecom

Acquisition Highlights
  • This is Kalaam Telecom’s 1st transaction in the Communications sector.
  • This is Kalaam Telecom’s 1st transaction in Kuwait.

M&A Deal Summary

Date 2021-06-09
Target Zajil Telecom
Sector Communications
Buyer(s) Kalaam Telecom
Deal Type Add-on Acquisition

Target

Zajil Telecom

Kuwait, Kuwait
Zajil Telecom is a Kuwait-based Information and Communications Technology (ICT) service, provider. Zajil’s core strength is its global network, consisting of 40+ completely owned and managed POPs and long-term investments in cable systems. Zajil Telecom was founded in 1991 and is based in Kuwait City.

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Buyer(S) 1

Buyer

Kalaam Telecom

Manama, Bahrain

Category Company
Founded 2005
Sector Communications
DESCRIPTION

Kalaam Telecom is Bahrain's Telecom operator and technology solutions, provider. Kalaam Telecom was founded in 2005 and is based in Manama, Bahrain.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Kuwait M&A 1 of 1
Year: 2021 M&A 1 of 1