Kuwaiti-based Securities Group has expressed an interest in buying up to 24.6% of Zain. The stake is currently held by sovereign investment firm KIA.
Three years after Google acquired YouTube, the video-sharing site now serves well over a billion videos per day.
Grameenphone
Profits at China’s four state-owned carriers fell 1.1% last year to 176.9 billion ($25.9 billion), according to government asset management agency SASAC.
Nokia said it had ported cross-platform application development framework Qt to Linux-based mobile OS Maemo 5, which will provide developers with an easy route to porting to Symbian and Windows Mobile.