Zain Saudi Arabia on brink of $500M towers sale
Zain Saudi Arabia is close to reaching an agreement to sell around 7,500 mobile phone towers to Lebanon-based TASC Towers for $500 million, in a deal which could be completed by the end of the year,...
View ArticleOmantel acquires Zain stake for $846M
Kuwait-based Zain Group confirmed Oman Telecommunications (Omantel) acquired a 9.84 per cent stake [1] for $846 million, and said it will use the funds to reduce debt levels, increase shareholder...
View ArticleOman postpones allocation of third mobile licence
Oman delayed the award of the country’s third mobile licence, citing complications arising from the recent acquisition by Oman Telecommunications [1] (Omantel) of a 9.84 per cent stake in Kuwait-based...
View ArticleOmantel eyeing bigger Zain stake
Oman Telecommunications (Omantel) is looking to buy another 12 per cent of Zain Group, having signed a letter of intent with shareholder Al Khair National for Stocks and Real Estate (Al Khair). In a...
View ArticleInterview: Zain Group
Scott Gegenheimer, CEO of Operations at Zain Group, updates Mobile World Live on the company’s ... The post Interview: Zain Group appeared first on Mobile World Live.
View ArticleOmantel boosts Zain stake to create “powerhouse”
Omantel became the second largest shareholder in Kuwait-based Zain Group after acquiring an additional 12.1 per cent stake in the company for $1.35 billion. In a statement, Omantel said it had...
View ArticleZain reports positive Q4 as data drive bears fruit
Kuwait-based Zain pointed to turnarounds in Saudi Arabia and Iraq as major driving forces behind an increase in net profit for Q4 2017, although currency weakness in Sudan took its toll. In a...
View ArticleZain aims to boost mobile money education in Iraq
Zain is set to increase the footprint of Zain Cash in Iraq and launch an education programme in a bid to boost financial inclusion among the 89 per cent of the population without access to a bank...
View ArticleZain chief talks up money progress
INTERVIEW: Scott Gegenheimer (pictured) said Zain Cash, Kuwait-based operator Zain's mobile wallet business, is “going quite well”, with availability in markets including Iraq and Jordan, while...
View ArticleCulture a key digital transformation challenge – Zain
INTERVIEW: Scott Gegenheimer, CEO of operations at Zain Group (pictured), argued “technology is generally the easy part” for operators undergoing a digital transformation, with the biggest challenge...
View ArticleFeature: Mobile 360 MENA 2018 Day1 highlights
Mobile World Live‘s Kavit Majithia provides a snapshot of activity from the opening day of ... The post Feature: Mobile 360 MENA 2018 Day1 highlights appeared first on Mobile World Live.
View ArticleZain KSA reveals revamped royalty regime
Zain Saudi Arabia signed an agreement with the country’s government which sees a reduction in its royalty rates and settles a disagreement over payments dating back to 2009, on the condition it expands...
View ArticleZain presses operators to overcome 5G hesitation
LIVE FROM HUAWEI GLOBAL MBB FORUM 2019, ZURICH: Zain Group CTO Hisham Allam (pictured) dismissed excessive hype around 5G, but maintained the technology will be a necessity for operators looking to...
View ArticleInterview: Zain CTO reveals path to 5G
CTO Hisham Allam outlines progress in the operator group’s deployment of 5G and the technological ... The post Interview: Zain CTO reveals path to 5G appeared first on Mobile World Live.
View ArticleGovernment takes control of Lebanon operators
The Lebanese government resumed management of state-owned operators Alfa and Touch after operating contracts held by Orascom Telecom Media and Technology (OTMT) and Zain Group, respectively, expired....
View ArticleZain showcases AI appetite on digital transformation journey
PARTNER FEATURE: As one of the largest operators in the Middle East, Kuwait-based Zain is now targeting a smarter network approach based on artificial intelligence (AI), as it looks to complete its...
View ArticleZain focuses on networks to pull through pandemic
Kuwait-headquartered Zain Group committed to investments in 4G and 5G to drive growth and minimise the impact of Covid-19 (coronavirus), as the outbreak stemmed growth in the third quarter. In an...
View ArticleZain makes play into e-sports
Zain Group outlined a foray into the e-sports segment, a move positioned as providing a boost to the online gaming ecosystem in the Middle East and diversifying the operator's offering outside its...
View ArticleZain laments Covid-19 impact
Zain Group suffered a drop in net income and revenue in Q4 2020, as it joined a list of fellow operators in reporting declines due to disrupted economic activities resulting from the Covid-19...
View ArticleZain Q2 momentum dampened by Iraq, Sudan
Zain Group was hit by currency devaluations in Iraq and Sudan which led to a slight decline in Q2 revenue although net profit rose, as the company highlighted success in its 4G, FTTH and 5G plays...
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