Al-Deera takes FASTtelco stake

28 Jan 2008

The Kuwaiti investment group Al-Deera International Communication Company has acquired a 39% stake in local internet service provider FASTtelco. The ISP specialises in providing turnkey internet, local and international data communication solutions, as well as local and international termination services for foreign carriers. Al-Deera paid KWD6.240 (USD22.74) per share for its FASTtelco stake.

Kuwait, FAST Telecommunication Company (FASTtelco),


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate



Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.