Zain Saudi Arabia
Zain Saudi Arabia is the third mobile network operating company in Saudi Arabia, operating GSM technology. It was launched on 26 August 2008[1][2][3] and it enrolled more than 2 million subscribers within 4 months of its launch. The company paid $6.1 billion for its license to operate in Saudi Arabia for 25 years.
The company has been listed on Tadawul, the Saudi Stock Exchange since 22 March 2008.
Under the brand "One Network", the company offers local calls and SMS at local rates throughout the One Network countries – Bahrain, Burkina Faso, Chad, the Republic of Congo, the Democratic Republic of Congo, Gabon, Iraq, Jordan, Kenya, Malawi, Niger, Nigeria, Saudi Arabia, Sudan, Tanzania and Uganda.[4]
The company negotiated a $2.5 billion Islamic loan in 2009.[5]
Zain appointed a new chairman on Saturday 23 March 2013, without giving any further information as is common in Saudi Arabia. This news comes within a week of Saudi Telecom's (STC) CEO resigning from his position. [6] [7]
Board of Directors
- Farhan bin Naif Al Jarbaa (Chairman of the board)
- Fahd bin Ibrahim Al Dughaither
- Abdulaziz bin Yaqub Al Nafisi
- Scott Marc Gegenheimer
- Ossama Michael Matta
- Thamer Ahmed Obeidat
- Raied bin Ali Al Saif
- Georges P. Schorderet
- Abdullah bin Mohammed Ba Sudan
References
- ↑ "Zain to launch mobile phone services in Saudi Arabia today". Gulf News. 26 August 2008. Retrieved 7 October 2009.
- ↑ "Zain Takes One Network to Saudi Arabia.". The Monitor (Uganda). 30 September 2008. Retrieved 7 October 2009.
- ↑ "Zain delays launch of Saudi mobile services for testing.". MEED Middle East Economic Digest. 20 June 2008. Retrieved 7 October 2009.
- ↑ "There are no roaming surcharges (receiving and making calls) when Zain customers are outside their home country, crossing borders into any other of the 21 Zain ‘One Network’ countries.". Zain. 14 July 2008. Retrieved 7 October 2009.
- ↑ Mangham, Christopher (1 October 2009). "RLPC-Middle East syndicated loans hit five-year low". Reuters via Forbes. Archived from the original on 5 October 2009. Retrieved 7 October 2009.
- ↑ "New chairman for telecom provider Zain Saudi". Reuters. 23 March 2013.
- ↑ http://www.arabnews.com/news/445252