The Kuwait-based parent company of Zain Saudi Arabia has paid Motorola SAR867.8 million (USD231.4 million) to cover costs still owing from an equipment contract carried out in 2009. Zain Group said it is paying the monies owed to the vendor to help alleviate some of the financial burdens weighing down upon its Saudi subsidiary.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors