Landmark US$ 2.5 Bn Murabaha financing facility for Zain Saudi Arabia

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www.WirelessFederation.com/news:  Zain Saudi Arabia (“Zain KSA”) held the closing for a US$ 2.5 billion Murabaha financing facility. The funds will be used to repay its existing Murabaha, facilitating the mobile telecom operation’s ongoing network expansion and future growth. The term of the facility is two years with options of extending for a further twelve months. Al Rajhi Capital, Banque Saudi …

EditorLandmark US$ 2.5 Bn Murabaha financing facility for Zain Saudi Arabia

Wana Morocco appoints Huawei as sole supplier of GSM/UMTS network

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www.WirelessFederation.com/news: Huawei, a leader in providing next-generation telecommunications network solutions worldwide, announced that it has been appointed as the sole supplier of Morocco WANA’s GSM/UMTS network. The deal will allow WANA’s 2 Million subscribers to enjoy abundant 3G services such as video call, video conference, streaming media and mobile internet. Under a contract signed by Huawei and WANA, Huawei will …

EditorWana Morocco appoints Huawei as sole supplier of GSM/UMTS network

Zain posts revenues of $4.014Bn in H1’09 (Kuwait)

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www.WirelessFederation.com/news: – Year-on-year customer base increase of 37% to 69.5 million – Company revenues jump 24% to KWD 1.16 billion (US$4.014 billion) – Net income up 4.4% to KWD 154.5 million (US$533.5 million) translating into earnings per share of US$0.14 Zain, the leading mobile telecommunication operator in the Middle East and Africa with a commercial presence in 24 countries, is …

EditorZain posts revenues of $4.014Bn in H1’09 (Kuwait)

Zain, Western Union announce alliance to deliver cross-border mobile money transfer services to Zap subscribers in Africa, Middle East

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www.WirelessFederation.com/news: Zain, (KW: ZAIN), the leading mobile operator in the Middle East and Africa, and Western Union, (NYSE: WU) a global leader in money transfer, today announced that they will work together to deliver mobile money transfer services in countries in Africa and the Middle East through Zain’s new Zap platform. The Zap service provides Zain customers access to a …

EditorZain, Western Union announce alliance to deliver cross-border mobile money transfer services to Zap subscribers in Africa, Middle East

Zain Group extends its agreement with Globitel

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www.WirelessFederation.com/news: Globitel announced today that Zain Group has officially extended its relationship to provide an advanced set of Roaming Solutions to all Zain Group mobile operations in Middle East, GCC and Africa. Zain’s Group relationship with Globitel started a few years ago with the signing of agreements for Zain Group subsidiaries in Jordan, Bahrain and Sudan. After demonstrating its commitment …

EditorZain Group extends its agreement with Globitel