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Sovereign wealth fund offers $484m for Zain KSAs towers

2021-09-07 02:00:00| Total Telecom industry news

Tower deals keep coming this week, with Saudi Arabia’s sovereign fund, the PIF, making a non-binding offer of $484 million for a controlling stake in Zain’s Saudi Arabian tower unit. Kuwait-based operator Zain is the second largest mobile operator in Saudi Arabia…read more on TotalTele.com »

Tags: offers fund wealth towers

Zain Group revenues stable in Q2, EBITDA down 5%

2021-07-15 09:29:00| Telecompaper Headlines

(Telecompaper) Zain Group's revenue amounted to KWD 369 million in the second quarter ended 30 June, relatively stable compared with the prior period...

Tags: group stable revenues ebitda

Zain: Setting new benchmarks in 5G network performance

2021-07-02 02:00:00| Total Telecom industry news

Zain KSA, a prominent service provider in the Middle East region, is setting new benchmarks for providing an extremely reliable and high performing 5G network experience. Recently, it emerged as having the best 5G network and data performance in the capital city of Riyadh, according to the Umlaut report, the world leader in the field of testing the efficiency of communications networks. “Zain shows the strongest pure 5G coverage in Riyadh city with at least 27% more than the competition,” says the Umlaut report. More importantly, Zain KSA has the highest 5G peak data rates in Riyadh, and the reliability of Zain&rsquo…read more on TotalTele.com »

Tags: network performance setting benchmarks