Zain reaches the million mark in first month (Saudi Arabia)

December 18, 2008 at 14:44 Leave a comment

Zain Saudi Arabia, the cellular operator which launched the country’s third national mobile network in August, says it had signed almost a million subscribers by the end of September. ‘Things are moving much faster than expectations,’ company executive Marwan Al-Ahmadi told Reuters. Around 90% of Zain’s subscribers have signed to pre-paid packages. The firm says it expects to turn its first profit in its second full year of operation and it aims to have networks covering up to 95% of the population within two years, up from 55% currently. ‘Our ultimate aim is to get a third of the market,’ Al-Ahmadi said. ‘This is definitely not going to happen in the short term… I believe we should be able to achieve it in the range of five years.’

Wireless Industry News

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Entry filed under: Middle East, Mobile, Reuters, Saudi Arabia, Telecom, Wireless, Zain. Tags: , , , , , .

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