Motorola wins $335 million Saudi contract
by This email address is being protected from spam bots, you need Javascript enabled to view it on Sunday, 02 March 2008
Zain in Saudi Arabia has awarded a $335 million contract to deploy and manage a 2G/3G network in the kingdom to Motorola.
Motorola will provide GSM/HSxPA network solutions along with comprehensive managed services to design, deploy, operate and maintain the network. Motorola will also provide financing for a “substantial portion” of the network.
Dr Marwan Alahmadi, CEO of Zain in Saudi Arabia, said: “With Motorola’s solid understanding of our business objectives, we are confident that the global company can deliver the mobile solutions and services we need, efficiently, on time and cost effectively, to launch Zain’s network successfully… Motorola’s experience in the Kingdom encourages us to believe that we will meet our challenging targets here.”
Motorola has a long standing relationship with Zain (formerly MTC Saudi Arabia) having provided technical and strategic solutions to the company for the last fourteen years.
Ali Amer, vice president of sales for Motorola Middle East, Africa and Pakistan, said: “We are delighted to have played a role in Zain’s remarkable growth and success story. Motorola’s cost-effective GSM solutions and managed services are designed to enable Zain to meet its launch timelines while reducing its operational costs which, unless managed effectively, can be quite significant.”
Work on the new network is expected to begin in the first quarter of 2008, and Zain plan to launch their services before the third quarter.
READERS' COMMENTS
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST TECHNOLOGY
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST TECHNOLOGY
LATEST MIDDLE EAST BUSINESS NEWS
- Education: Mubadala completes $1bn financing for uni project
- Banking & Finance: Deal sought on Dubai World, Nakheel creditors
- Banking & Finance: Arab youth SMEs turn to family finance
- Banking & Finance: Dubai raises further $5bn in bond sale
- Transportation: Shipping slump stops Bahrain's new port signing main liner
SHARE PRICE CHECK
RELATED STORIES
Motorola
- Work in progress
10 Nov '09 | Features - Zain Iraq signs three-year Motorola deal
4 Oct '09 | News - Mounting pressure
8 Sep '09 | Features
Zain Saudi Arabia
- Saudi Mobily refinances SR1.5bn Islamic loan
11 Oct '09 | News - Zain Saudi Arabia seals $2.5bn loan
11 Aug '09 | News - Zain Saudi telco nears $2.5bn loan agreement
27 Jul '09 | News




