Wednesday, 03 December 2008
updated 1 minute ago
04:59 UAE time

YOUR DIRECTORY /

Zain to invest $360 million in Kenyan network

by This email address is being protected from spam bots, you need Javascript enabled to view it on Sunday, 07 September 2008

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Zain will begin with an initial investment of $44 million over the next three months (Getty Images)

Zain has announced plans to invest $364.2 million over the next two years in a bid to upgrade the capacity of its Kenyan network.

The work will begin with an initial investment of $44 million over the next three months, as Zain attempts to improve rural communication and upgrade its data system, according to a Reuters report.

"(The investment) will further improve the quality of the company's communication in rural areas," Zain managing director Rene Meza said.

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"The new development is aimed at strengthening the company's state of the art network in high traffic areas."
Zain said it had already spent $470 million in capital expenditure since being set up.

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