Kuwait


Kipco in move to sell OSN

Kuwait Projects Co (Kipco) has hired Goldman Sachs to advise it on the sale of Middle East pay TV operator OSN, according to a Reuters report, citing unnamed sources. Kipco owns a 60.5% majority stake in the pay TV outfit. It had previously hired Rothschild in 2013 to evaluate strategic options for the business, including […]

OSN welcomes arrest of illegal cable operators

Middle East pay TV provider OSN has welcomed the arrest of three individuals alleged to be behind a large-scale illegal cable operation in Kuwait. According to Kuwait’s Criminal Investigation Department (CID), three Indian men have been arrested after successful raids in a residential area of Salmiya, where they had been operating a sophisticated illegal cable […]

Zain iflix SVOD JV launches in five MENA markets

Kuwait-based Middle East service provider Zain has launched OTT TV service iflix Arabia across five of its eight key markets in the region. The subscription video-on-demand service, a joint venture between Zain and Asian SVOD player iflix, is initially available in Kuwait, Bahrain, Iraq, Jordan and Sudan. Zain said that the service would be launched […]

Iflix expands into MENA

South-East Asian SVOD provider Iflix has expanded into the Middle East and North Africa (MENA) region with launches in eight territories. The service is now available in Saudi Arabia, Jordan, Iraq, Kuwait, Bahrain, Lebanon, Egypt and Sudan, broadening Iflix’s footprint to a total of 18 countries. The firm has also established a new regional headquarters for […]

Mid East SVoD service icflix expands

Middle Eastern subscription on-demand service icflix has launched in Kuwait. Icflix has formed a strategic partnership with Ooredoo Kuwait to offer the platform locally. Ooredoo (formerly known as Qatar Telecom) will offer the service free for two months to its Shamel tier customers for a promotional period. Non-Shamel users can access the service for 2.4KD […]

OSN adds new linear channels to fast-growing OTT service

Middle East pay TV provider OSN has added three new live channels to its OTT TV service OSN Play and has claimed a 60% increase in subscriber registrations and a fourfold increase in viewership for the platform. OSN has added BSkyB’s news channel Sky News, AMC Networks-owned kids channel JimJam and Scripps Networks’ Food Network […]

Kipco rejects US$3.2 billion offer for OSN stake

Kuwait Projects Company (Kipco) has reportedly rejected a US$3.2 billion (€2.4 billion) offer from an unnamed US private equity group for a majority stake in pay TV operator OSN. The private equity group’s offer comprised US$2.4 billion in cash and a further UIS$800 million that would have been subject to certain conditions being met, for […]