Search results for "zain"

Zain Kuwait, and the Urgent Need to “Globalize” the Local Identity

Zain is undoubtedly one of the pillars of the telecom sector in the Middle East and North Africa. The story started in 1983 with the establishment of the Mobile Telecommunications Company (MTC), in a time where digital mobile communications was still being developed with mostly predominant fixed telephony. MTC soon became among the first providers […]

Zain Group’s 5G focus leads to 5% profit growth

Zain Group, accomplished growth in its first three quarters, reaching a 5 percent rise to $450 million, according to the operator’s earnings report. The company highlighted that the noted augmentation in its consolidated net income was essentially derived from the company’s remarkable revenue performance of most of its operations, excluding Zain Iraq, which endured a […]

KSA’s sovereign fund to acquire 60% of Zain towers

Saudi Arabia’s sovereign wealth fund proposed a non-binding offer to acquire a 60 percent stake in Kuwaiti-backed Zain’s KSA towers with various investors offering to buy another 20 percent, leaving the telco’s assets with an $807 million valuation, according to Zain KSA. The Public Investment Fund (PIF) offered a whopping $484 million for 60 percent […]

Zain Bahrain, Ericsson to deploy advanced 5G in the Kingdom

Gulf countries are taking their digital 2030 vision to the next level, as Zain Bahrain chose earlier this week with Swedish telecoms vendor Ericsson to expand its 4G and 5G coverage and introduce 5G low-band and mid-band carrier aggregation. As the Swedish company deploys its 5G carrier aggregation service, Zain Bahrain will be able to […]

KSA’s Zain tops video game performance charts, report finds

Video games have become a benchmark for success for many broadband providers far and wide, as the gaming industry looks to continue its meteoric rise in popularity across all channels. According to Amsterdam-based games and esports data company Newzoo, during 2021, the market will generate revenues of $175.8 billion, a small year-on-year decline of -1.1 […]

Zain, Mobily merge tower business while seeking external investment

Saudi Arabian telecom providers Mobile Telecommunications Company Saudi Arabia (Zain KSA) and Etihad Etisalat Company (Mobily) jointly announced on Thursday plans to merge their telecom towers under a registered entity called Towers Company based in the Kingdom. According to a statement by both telcos, the duo has received in-principal approval from the board of Communications […]

Zain tops CDP global index on climate change

Kuwait-based telecoms operator Zain Group has received the highest rank in MEA in the CDP global index on climate change exceeding the average for Asian markets, the company telecoms announced on Tuesday. Zain Group announced its inclusion in the global list of the CDP with an advanced rating in Management Scope ‘B’ for the Climate […]

Zain KSA to push for second 5G rollout phase

Zain KSA has announced that it will accelerate its second phase of 5G network rollout throughout the Kingdom in partnership with Infovista’s radio planning portfolio. The company plans to spread and geographically expand the country’s 5G network aims to deliver the new 5G services to every corner and spot in Saudi Arabia, to ensure that […]

Zain KSA, Nokia to offer 5G fixed wireless access

Saudi Arabian operator Zain has turned to Finnish Nokia to broaden its 5G partnership by deploying 60,000 units of the vendor’s FastMile 5G Gateway wireless broadband hub with eSIMs, across the Kingdom over the next 12 months. The technology will deliver stronger signal, better connectivity, and ultra-high data speeds to every corner of homes and […]