February 22,2021
1. On 8 February 2021 the Telecommunications Regulatory Authority (the “Authority”) received notification of a proposed transaction from Kalaam Telecom Bahrain B.S.C (c), a duly company established under the laws of the Kingdom of Bahrain bearing commercial registration number 56219- 1 (“Kalaam”), pursuant to Article 2 of the Telecommunications Mergers and Acquisitions Regulation (the “Regulation”).
2. The proposed transaction involves the acquisition by Kalaam of 100% of the shares in Zajil International Telecom Co. (KSCC) and its subsidiaries, Zajil Information Technologies International W.L.L (CR number 63716-1) which carries its activities in the Kingdom of Bahrain (“Zajil”) and other GCC subsidiaries.
3. Zajil is currently owned by the following shareholders:
| Shareholder | Percentage of Share |
| Zajil International Telecom Co. (KSCC) | 90% |
| Mr. Khalifa I.A Al-Soulah | 10% |
4. Kalaam and Zajil are engaged in telecommunications activities.
5. The parties involved in the proposed transaction hold the following telecommunications licenses:
Kalaam: - Individual License for National Fixed Services
- Individual License for International Telecommunication Services
- Individual License for International Telecommunications Facilities
- Class License for Internet Services
- Class License for Value Added Services
Zajil: - Individual License for International Telecommunication Services
- Class License for Internet Services
- Class License for Value Added Services
6. On preliminary examination, the Authority finds that the proposed transaction could fall within the scope of the Regulation. However, the final decision on this point is reserved.
7. The Authority invites interested third parties to submit their comments on the proposed transaction to the Authority, along with supporting documentation and/or evidence (if any).
8. Comments should be submitted to the Authority no later than fourteen (14) days from the date of this announcement. Comments may be sent to the Authority with the reference number LAD/0221/023 to the following address:
Sh. Nasser bin Mohamed Al-Khalifa
Acting General Director
Telecommunications Regulatory Authority
PO Box 10353
Kingdom of Bahrain
Email: LAD@tra.org.bh