Zain Saudi Arabia
Zain Saudi Arabia is the third mobile network operating company in Saudi Arabia, operating GSM and LTE 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.
The company negotiated a $2.5 billion Islamic loan in 2009.[4]
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. [5] [6]
The company has recently achieved and celebrated a milestone of over 11 million customers base. To achieve this milestone Zain Saudi Arabia made a very demanding enhancement in the backbone, core network and access networks.
Board of Directors
- Farhan Bin Naif Al-Faisal Al-Jarba (Chairman of the board)
- Fahd Bin Ibrahim Al-Dughaither
- Mian Shahzad Sharif
- Abdulaziz Bin Yacoub Al-Nafisi
- Scott Marc Gegenheimer
- Ossama Michael Matta
- Thamer Ahmad Obeidat
- Raied Bin Ali Al Saif
- Georges P. Schorderet
- Abdulaziz Salem Al Ruwais
- Jawad Sharif Chaudhary
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.
- ↑ 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