Friday, 22 June 2018 04:52 GMT

Zain invests USD1b in network upgrades

(MENAFN) CEO of Kuwait's telecom operator Zain Group said that the company invested nearly USD1 billion in network upgrades last year, Saudi Gazette reported

The CEO said: "Growth in data revenues for the company was impressive during 2013, averaging almost 22 percent year-on-year, and contributing 13 percent to Zain's overall revenues for the year.

The company had posted a net profit of USD186 million and revenues of USD1.1 billion in the third quarter of last year

Zain invests USD1b in network upgrades

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