Networking equipment joint venture, Nokia Siemens Networks, announced earlier
this week that it had agreed to build a digital wireless network for Saudi
Arabian mobile phone operator, Zain, in a contract valued at about $935 million.
The fiveyear deal covers operations, support systems, maintenance, and services
for the new network, which will make use of both 2G and 3G wireless voice and
data technologies. Nokia Siemens will also be the exclusive equipment supplier.
“This deal is one of the most important in Nokia Siemens Networks’ history, and
also very strategic for our growth in Africa as Zain is present in more than 14
countries in the region,” commented Walid Moneimne, head of the FinnishGerman
company’s Middle East and Africa operations.
Nokia Siemens Networks was formed last April, when the networking divisions of
Finnish handset giant, Nokia, and German electronics manufacturer, Siemens, were
merged into a 50/50 joint venture.
Zain, formerly known as MTC Group, was founded in Kuwait in 1983, and has
expanded to become a leading wireless carrier in a number of African and Middle
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