je.st

Home › ksa

Tag: ksa

KSA Arbah Capital invests in the U.S. with acquisition of industrial portfolio

2020-09-30 19:34:00| National Real Estate Investor

The portfolio comprises two facilities in the Grand Rapids MSA, 5460 Executive Pkwy. in Grand Rapids and 1865 Industrial Dr. in Grand Haven, Mich.

Tags: capital industrial portfolio acquisition

Zain KSA, Mobily plan to offer both companies' towers to investors

2020-07-06 10:24:00| Telecompaper Headlines

(Telecompaper) Zain KSA has signed a Memorandum of Understanding (MoU) with Mobily to form a committee to draw up a request for proposal (RFP) to buy their telecoms towers, merge them into one company with other investors, or operate them on their behalf. The MoU aims to raise participation in telecom towers to maximise efficiency and improve the communication and information technology system under the supervision of the Communications and Information Technology Commission (CITC).

Tags: to plan offer companies

Zain KSA and Huawei plan video streaming service

2019-02-26 14:50:11| Digital TV News

Zain KSA and Huawei have agreed a plan to implement a 'to Home' video streaming service platform and infrastructure. Zain KSA will be the first telecom operator in the Middle East to use Huawei's video cloud solutions to build their own video services.

Tags: service video plan streaming

Zain KSA agrees to sale, lease back of tower network to IHS for USD 648 mln

2018-11-28 15:41:00| Telecompaper Headlines

(Telecompaper) Zain Group announced that the board of Zain Saudi Arabia (Zain KSA) has approved an offer to sell and lease back its mobile tower portfolio to IHS Holding for SAR 2.43 billion (USD 648 million). Under the terms of the agreement, Zain KSA is selling only its passive, physical infrastructure to IHS and will retain its intelligent software, technology and intellectual property with respect to managing its network. The agreement also involves a lease-back period of fifteen years, with a five-year renewal option, and building of an additional 1,500 towers over the next six years.

Tags: back sale network usd