Profile: HITSTELEC | Hits Telecom

DUBAI FINANCIAL MARKET (DFM)Trading Hours: Sun - Thu 10:00 am-2:00 pm

Hits Telecom HITSTELEC
Telecom 2.22%
DFMGI 0.76%
Last Value
% Change
Price in AED Last Update : 02 Aug 2017 12:00 pm (local time)


Corporate Details
ISIN Code KW0EQ0601405
Exchange Dubai
Sector Telecommunication
Auditors HLB Kuwait
Rodl Middle East
Company Description

HITS Telecom is K.S.C is a Kuwait based company, it is a converged communications and new opportunity communication company. It is also listed on the Kuwait Stock Exchange. HITS Telecom holding owns and operates companies in 4 continents.

Company Activities

HITS Telecom is the holding company for its subsidiaries. Its subsidiaries are HITS Africa, HITS America, HITS Europe, Qanawat and 4Run which invest, partner and operate with local partners in their respective telecom and geographical circles working in new age and converged communications.

Equity Profile
Date Established May 22, 1999
Listing Date Dec 23, 2009
Paid-up Capital (AED) 72,091,686
Outstanding Shares 720,916,860
Shares Per Value 0.10 (KD)
Contact Information

Jasem Al-Asfour Tower,Al-Mergab, P.O. Box 2799, Safat, 13028, Kuwait

+965 2296 0754

+965 2296 0990



Company History

HITS Telecom Holding Company was incorporated on May 22, 1999 in accordance with the Commercial Company Law of 1960 article No. 15, and its subsequent amendments. The parent company's shares are listed on Kuwait Stock Exchange.

Board Members & Senior Management
Mr. Khaled Y. Al Mutawa Chairman
Mr. Bader Hassan Yousif Vice Chairman
Mr. Mohammad Jassim Al Temimi Board of Directors
Mr. Sony Azubueki Board of Directors
Mr. Emad Aldeen Assaf Board of Directors
Mr. Nasser Al Merri Board of Directors
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