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KIPCO |
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The $20 million came from existing investors GE Equity, QuestMark Partners LP of Baltimore, Intel Communications Fund and Kuwaiti investment group and industrial holding company KIPCO. ZakNet is part of ZakSat, the Kuwait based satellite entertainment and communications provider and is wholly owned by KIPCO (Kuwait Investment Projects Company) and Zaid Al Kazemi & Sons Trading. KIPCO is the owner of SHOWTIME, one of ZakSat's pay TV services. |
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