The financial difficulties being faced by Canadian infrastructure vendor Nortel have been well documented, culminating in the company filing for Chapter 11 bankruptcy protection in January. As the vendor continues to look to ways to survive, Comm. took the opportunity to meet the men in charge of running the Middle East operations of the business, and found an atmosphere of quiet endeavour as this region continues to undertake business as usual

Nortel CEO Mike Zafirovski says that in order to provide maximum flexibility the company continues to listen to all suggestions

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Jordan Telecom Group Orange announced that Nayla Khawam assumed her new responsibility as CEO of the telco as of July 1, 2009.

Khawam is said to have accumulated a clear vision throughout her career, which she plans to invest in evolving Orange Jordan while maintaining its place locally and regionally, through providing its customers with world class services.

“It is my pleasure to head the highly qualified team of Orange Jordan employees, so we can, together, continue the journey towards growth and even greater achievements, commented Khawam.

Khawam was born in Lebanon and has resided in France most of her life. She has occupied many senior positions, the last of which was area director of the largest French region, the Paris Region, for France Telecom. The position placed her in charge of commercial and technical departments for mass markets and business clients.

Khawam was a member of Orange France committee, and she worked as the head of customer service for fixed, mobile and Internet.

For the first half of 2009 to end June, Zain Group recorded consolidated revenues of KWD 1.16 billion (US$4.01 billion), an increase of 24.1 per cent year on year. The company’s consolidated EBITDA increased by 46.3 per cent to reach KWD 512.2 million (US$1.77 billion). Consolidated net income reached KWD 154.5 million (US$533.5 million), an increase of just 4.4 per cent, while year-on-year customer growth on the two continents across which Zain operates was 37 per cent, representing 69.5 million managed active customers as of June 30.

“The nature and growth of the H109 net income result is all the more impressive when one takes into account that in H108 we had an extraordinary gain of KWD26.6 million from the successful Zambia IPO, as well as the burden of a KWD 31.3 million (US$108.8 million) currency exchange loss for H109,” commented Saad Al Barrak, CEO of Zain Group. “Both are an indication that operational net income growth is much higher than 4.4 per cent. With improving currency stability in many of our African operations, we expect even better results in the second half of 2009.”

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Zain today acknowledged a press statement issued by French conglomerate Vivendi that “it (Vivendi) is interrupting talks, started some weeks ago, with Zain, to acquire a majority stake in its African telecommunications activities.”

In its first public statement on the future of its African operations, Zain today confirmed it is conducting a strategic review with the aim of maximising shareholder value.

“The strategic review process may result in the sale of Zain’s operations in Africa excluding Morocco and Sudan (the “African assets”),” Zain said in a statement. “Several parties have already expressed their interest in acquiring Zain’s African assets and the board of directors of Zain has, therefore, decided to give these parties access to information as part of a process to allow them to formulate proposals.

UBS is acting as lead financial adviser to Zain.

In a statement issued on July 9, Vivendi said the acquisition of Zain’s African assets would enable Vivendi to capitalise on its experience of developing mobile telephony in Africa, but confirmed that at this stage, there is no certainty that the discussions currently in progress will lead to a successful outcome.

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After many years of delay, on May 26 the invitation to tender for 3Gspectrum closed in Jordan, representing the first concrete step in issuing spectrum. Jordan has always been a vibrant market characterised, though this year is set to be characterised with a number of significant developments, extending from the issue of 3Glicences to the departure of Jordanian telecoms stalwart Mickael Ghossein from Orange Jordan, and the merger between Paltel and Zain Jordan

Mickael Ghossein stood down as CEO of Orange Jordan, having been instrumental in creating one of the region’s first integrated operators

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