Zain Saudi Arabia
Type | Public |
---|---|
Tadawul: 7030 | |
ISIN | SA121053DR18 |
Founded | 12 March 2008 |
Headquarters | Granada Business Park, , Saudi Arabia |
Area served | Saudi Arabia |
Key people |
|
Revenue | 5,968,506,000 Saudi riyal (2019) |
Total assets | 27,738,253,000 Saudi riyal (2019) |
Website | sa |
Mobile Telecommunication Company Saudi Arabia is a telecommunications services company that offers fixed line, mobile telephony, and Internet services under the brand name Zain Saudi Arabia. Zain was the third mobile network operator in Saudi Arabia. It was launched on 26 August 2008[1][2][3] and it enrolled more than 2 million subscribers within 4 months of its launch.
History[]
The company paid $6.1 billion for a license to operate in Saudi Arabia for 25 years.[4] Mobile Telecommunication Company Saudi Arabia was listed on the Tadawul on 22 March 2008.[5]
Zain launched mobile services in Saudi Arabia on 26 August 2008.
The company negotiated a $2.5 billion Islamic loan in 2009.[6]
Zain appointed a new chairman on 23 March 2013. This news came within a week of Saudi Telecom's (STC) CEO resigning from his position.[7][8]
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.
- ^ "Zain to launch mobile phone services in Saudi Arabia today". www.dubaicityinfo.com. Retrieved 2 October 2016.
- ^ "Company Details". www.tadawul.com.sa. Retrieved 2 October 2016.
- ^ 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.
- ^ Arab news
External links[]
- 2008 establishments in Saudi Arabia
- Telecommunications companies established in 2008
- Companies listed on Tadawul
- Telecommunications companies of Saudi Arabia
- Mobile phone companies of Saudi Arabia
- Companies based in Riyadh
- Telecommunications company stubs
- Asian company stubs
- Saudi Arabia stubs