Kuwaiti investors claim to have second mobile licence in ComorosUnconfirmed reports suggest that a group of Kuwaiti investors have obtained a licence to become the second mobile operator in the archipelago of Comoros. A spokesman for the Arab group, Bachar Kiwan, says they will initially focus on telecoms and banking in the islands, and plan to invest USD40 million of a total USD56 million investment to get the wireless service off the ground. Kiwan’s group, Comoro Gulf Holding, is 90% owned by a Kuwaiti prince and other Arab investors. The other 10% is held by the government of Comoros.
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