Mobile Telecommunication Company Saudi Arabia (7030)

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) entered into a strategic partnership agreement with Altibbi, a remote medical consultation platform that directly connects patients to physicians. Under the collaboration, …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) posted an annual hike of 130.36% in net profit to SAR 1.26 billion as of 31 December 2023, compared to SAR 550 million. Earnings per share (EPS) enlarged to SAR 1.41 last …

Riyadh – Mubasher: Saudi Telecom Company (stc) has announced the Sustainability Innovation Hub as part of its collaboration with GCC Telco Alliance members, which include leading telecom operators from Saudi Arabia, the UAE, Bahrain, Oman, and …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) expanded its 5G digital services to cover ten additional cities, according to a recent press release. The zero-emission 5G network is currently working in Al Aflaj, Al …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) sold its stake in Golden Lattice Investment Company (GLIC), which amounts to 20% of the latter’s share capital. The Saudi Public Investment Fund (PIF) bought Zain KSA’s …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) logged net profits after Zakat and tax amounting to SAR 971 million in the first nine months (9M) of 2023. The recorded profits hiked by 224.75% year-on-year (YoY) from …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) witnessed a 221.03% year-on-year (YoY) jump in net profit after Zakat and tax to SAR 687 million during the first half (H1) of 2023 from SAR 214 million. The earnings per …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) registered a 595.06% hike in net profit after Zakat and tax to SAR 563 million during the first quarter (Q1) of 2023. The higher net profits were compared with SAR 81 …

Riyadh – Mubasher: The net profits after Zakat and tax of Mobile Telecommunication Company Saudi Arabia (Zain KSA) hit SAR 550 million in 2022, higher by 157.01% than SAR 214 million in 2021. The Tadawul-listed firm posted an annual surge of …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) announced selling stakes in its towers’ infrastructure to the subsidiary Golden Lattice Investment Company (GLIC) for a total value of SAR 3.02 billion on 8 January. Zain …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) achieved net profits after Zakat and tax worth SAR 299 million in the first nine months (9M) of 2022, an annual leap of 109.09% from SAR 143 million. Revenues jumped by …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) transferred the ownership of its subsidiary Zain Business Limited to the Saudi Public Investment Fund (PIF) at a nominal value of SAR 10,000. Following the deal, the fund …

Cairo – Mubasher: RAYA Customer Experience (RAYA CX), a subsidiary of Raya Holding for Financial Investments, has signed a partnership agreement with Mobile Telecommunication Company Saudi Arabia (Zain KSA) to manage its customers' experience in …

Riyadh – Mubasher: The net profits after Zakat and tax of Mobile Telecommunication Company Saudi Arabia (Zain KSA) hiked by 157.83% year-on-year (YoY) to SAR 214 million in the first half (H1) of 2022 from SAR 83 million, according to the …

Mubasher: Saudi Telecom Company (stc), Mobile Telecommunications Company (Zain), the telecoms pillar of e& in the UAE, Emirates Integrated Telecommunications Company (du), and Huawei have jointly launched IntelligentRAN in the Middle East. Through …

Riyadh – Mubasher: The board of the Communications and Information Technology Commission (CITC) has granted the green light for Zain Business Ltd Company to acquire at least 8,069 telecom tower sites, owned by Mobile Telecommunications Company …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) has reported a 97.56% hike in its net profits after Zakat and tax to SAR 81 million in the first quarter (Q1) of 2022 from SAR 41 million in the year-ago period, according …

Riyadh – Mubasher: Saudi Telecom Company (stc) recorded a 2.87% rise in consolidated net profits after Zakat and tax to SAR 11.31 billion in 2021, compared to SAR 10.99 billion in the earlier year. The company generated revenues of SAR 63.42 …

Riyadh – Mubasher: The board of Mobile Telecommunications Company Saudi Arabia (Zain KSA) has approved the final offers to sell an 80% total equity in its 8,069-tower infrastructure. The approved offers have valued the towers at SAR 3.02 billion …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) reported a 17.69% decline in net profits after Zakat and tax to SAR 214 million in 2021, compared to SAR 260 million in 2020, as shown by the company's consolidated …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) registered net profits after Zakat and tax worth SAR 60.4 million during the third quarter (Q3) of 2021, up 0.3% from SAR 60.2 million in Q3-20. Revenues increased by 2.9% …

Riyadh – Mubasher: Mobile Telecommunications Company Saudi Arabia’s (Zain KSA) board has approved the non-binding offers received to acquire 80% equity in the telecom firm’s towers infrastructure. The Public Investment Fund (PIF) will own 60% of …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) revealed that no agreement was reached from a consortium to acquire the telecom towers owned by Etihad Etisalat Company (Mobily) and Zain KSA. The consortium will be …

Riyadh – Mubasher: Mobile Telecommunication Company Saudi Arabia (Zain KSA) reported a net profit after Zakat and tax worth SAR 83 million in the first half (H1) of 2021, lower by 49% than SAR 164 million in H1-20. Earnings per share stood at SAR …

Riyadh – Mubasher: Mobile Telecommunications Company (Zain KSA) has come in the first place in terms of delivering the best 5G services in Saudi Arabia during the first quarter (Q1) of 2021, according to a Meqyas report issued by the …