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Zain Kuwait plans to launch 5G service end-2018

Zain Kuwait plans to launch 5G service end-2018
Zain Kuwait has started to invest in the infrastructure over the past two years
ZAIN
ZAIN
0.21% 485.00 1.00

Mubasher: The Kuwaiti telecom company Zain intends to launch its first services and applications of the 5G internet by the end of 2018 in case all frequencies allocated for this service are completed, the CEO of Zain Kuwait Iman Al Rawdan told CNBC Arabia on Sunday.

Zain Kuwait is expected to have a full coverage of the 5G internet service across Kuwait in 2019 based on the preparations and plans conducted by the telecom group, Al Rawdan added.

Zain Kuwait has started to invest in the infrastructure over the past two years, and currently Zain Kuwait is in the final stages, the CEO of Zain Kuwait told CNBC Arabia.

At the stock level, Zain closed Sunday’s session 3.88% lower at 446 fils.