Riyadh – Mubasher: The Mobile Telecommunication Company Saudi Arabia (Zain KSA) celebrated the finalization of the first phase of the Middle East’s largest 5G network in Saudi Arabia on Sunday.
The ceremony was attended by Zain Chairman, Prince Nayef bin Sultan Al Kabeer; Governor of the Communications and Information Technology Commission Muhammed bin Saud Al-Tamimi; Deputy Minister of Communications and Information Technology Haitham Al-Ohali; and Zain CEO Sultan bin Abdulaziz Al-Deghaither.
The celebration was held under the patronage of the Saudi Minister of Communications and Information Technology, Abdullah Al Swaha.
“Zain KSA’s achievement accompanies the speedy development and innovative services of the digital revolution that the world around us is witnessing. This achievement is significant in its timing, as it coincides with the rapid rise of the Kingdom’s ranking in several prestigious international reports, specifically in the ICT sector. Another aspect that makes this achievement noteworthy is its size, as it offers the broadest coverage of the 5G network, which has positioned the Kingdom as the first in the Middle East, Europe and Africa,” said the company's Chairman.
Saudization rate in the company has reached around 86 %, with young Saudi talents assuming 92 % of leadership positions, he added.
Meanwhile, the company’s CEO said, “Zain has made several significant achievements since its inception. Today, we proudly announce that the company has the widest 5G network coverage in the Kingdom and the region.”
Al-Deghaither added that the 5G technology will lead the Kingdom towards a new world with its substantial technologies and capabilities, which will be evident in various sectors through the Internet of Things and the business sector, in addition to other daily functions that will make the customer experience easier and more effective.
Zain is witnessing its best operational performance by reaching the highest profit over the past two years, with SAR 380 million during the first nine months of 2019, and a total of SAR 332 million for 2018.
With the completion of the first phase of the 5G network, Zain now offers distinctive packages of 5G services for individuals and businesses at competitive prices through a network of 2,600 towers distributed across 27 cities.