ZainZain, which operates in 23 countries, said net income in the three months to March 31 was KD 75.7 million ($259.7 million), compared with KD 73.3 million in the year-earlier period.
Investments in network expansions have led to the growth of the number of customers, which rose 41 percent in the first quarter to 64.7 million, the mobile operator said in a statement yesterday.
Source: http://www.zawya.com/Story.cfm/sidZAWYA20090506055533/Zain%20Q1%20profit%20up