The new tower entity is expected to achieve run-rate revenues close to $500m annually
It will be powered by 100 per cent renewable energy from over 760,000 solar panels that Red Sea Global has built to power The Red Sea destination
The venture will manage all international wholesale requirements of Zain and Omantel operations in eight countries
The board of directors proposed a cash dividend of 25 fils per share for H2 2022, following a semi-annual dividend of 10 fils earlier last year
Andrew Hanna has been appointed the CEO of Zaintech
Game mode report reveals that Zain and STC shared the first place for quarterly performance
Ericsson to support Zain in identifying technology trends and industry insights
The Kuwait-based operator has revealed two new appointments to its top level board.
The Kuwaiti-network is expected to agree a non-equity deal with the operator giant to share its network.
The telecoms operator reported a net profit of around $251.58 million in the second quarter of the year.
The Kuwaiti telecoms operator now owns 37 per cent of Zain Saudi following a weak response from other shareholders.
The Kuwaiti telecoms operator reported a loss of 37.3 million dinars compared to the same period last year.
Zain’s share hold in the Saudi operator could rise to above 50 per cent forcing the Kuwaiti firm to consolidate losses.