ZAIN AWARDED FIRST UNIFIED SAUDI TELECOMS LICENCE
Saudi Arabia’s telecommunication regulator has awarded Zain’s Mobile Telecommunication unit, known as Zain Saudi, with a 15-year unified licence to operate in the Kingdom.
The deal means that the government is entitled to 5% of the annual net income of Mobile Telecommunication for the duration of the licence, the regulator said.
Saudi Telecom is the only carrier with a unified licence, which allows the company to provide mobile phone, landline, and internet services. The regulator has made the same offer to Saudi Telecom., Etihad Etisalat., and Etihad Atheeb Telecommunications.
In other regional news, the Zain Group announced its fully owned global services subsidiary, Mada Communications, has been granted Microsoft Azure Expressroute programme status. This permits Zain to deliver innovative Microsoft software and cloud experiences to enterprises across its expansive IP/ MPLS network.
Zain Group’s Henri Kassab, managing director of international wholesale and roaming, said: “Our network ranks among the largest internet/data providers in the Middle East with more than 760Gbps peak traffic. Hence we are enthusiastic about the enhanced convenience, connectivity and product portfolio we will be offering customers by our inclusion into the Expressroute programme.”