Page 24 - SAMENA Trends - November-December 2021
P. 24

REGIONAL & MEMBERS UPDATES  SAMENA TRENDS

        network experience, Zain insists on higher   construction  was  increased,  which  network experience enhanced Zain’s brand
        standards of 5G  network construction  to   enabled Zain Kuwait to win Ookla's Fastest   and helped it achieve greater commercial
        ensure high-speed and reliable  services   Fixed Wireless Network Provider Award in   competitiveness.
        for all the users. As a result, the investment   2020  and to  lead the Open signal Global
        in  network  planning  and  network  Experience  Test reports  as  well.  A great


        Zain awarded ‘Best Brand’ at Telecom Review Excellence Awards 2021


        Zain Group, a leading mobile telecom innovator in seven markets
        across the Middle East and Africa, announces its Zain brand has
        been identified as the ‘Best Brand’ for telecom in the Middle East
        for 2021 at the Telecom Review Summit Excellence Awards gala
        ceremony held in Dubai on 8 December, 2021. Zain Saudi Arabia
        was  also  awarded ‘Best  5G  User Growth’  and ‘Most  Innovative
        Service’ for its  Yaqoot mobile-only  platform. Telecom  Review
        is  a  leading  industry  publication  and the award recognizes the
        outstanding performance of Zain’s brand across all its markets,
        which has come to represent the highest standard of customer
        service across all  of its  touchpoints.  Winners were chosen
        based  on  demonstrable  capabilities  in  their  specific  sector  by
        an independent  panel  of 15 experienced  industry veterans.
        Zain has been a recipient of the 'Best Brand’ accolade at other
        regional events in the past, confirming the success of its media
        campaigns, corporate sustainability, and diversity and inclusion   boast over 12 million fans on Facebook, more than seven million
        initiatives, as  well  as  its  ongoing  innovation and investment   followers  on Twitter, 2.4  million on Instagram and 665,000 on
        in  network  upgrades. These factors combined  have  resulted   LinkedIn, totaling  22  million fans.  Annually,  Zain  Group and its
        in exceptional  customer  experience  since  the introduction  of   operations’ numerous YouTube channels receive in excess of 100
        the Zain brand  in 2007, making it  one  of the most respected   million views. Zain was also the first operator to launch commercial
        and recognized corporate brands in the Middle East and Africa.   5G networks in both  Kuwait  (June  2019) and Saudi Arabia
        Zain remains passionate about forging strong partnerships and   (October 2019), followed by Bahrain (June 2020); developments
        bringing new dynamic services to its customers, evident by the   that are positively impacting customer experience and innovation.
        recent  launch  of Zain Esports  and the expansion  of Zain’s API   Sustainability, transparency, and thought  leadership  lie at  the
        platform in offering unique  and appealing  content  and gaming   core of Zain’s business and this is reflected  in every aspect of
        services. Zain also recently launched Zain Ventures to reinforce   the  company’s day-to-day operational activities. Zain’s annual
        its efforts in the startup ecosystem, as well as launching ZainTech   Sustainability Report highlights the company’s continued regional
        to offer enterprises and governments across the region unique,   leadership in pursuing its sustainability agenda and supporting
        one-stop  shopping across  the  full  stack  of ICT  services.  The   the communities  it  serves through outreach activities such  as
        company’s marketing  campaigns across the region  on various   climate change, children’s rights, capacity-building,  education,
        media channels have captured the hearts and minds of millions of   socio-economic  development,  and environmental stewardship.
        people. Zain’s Ramadan and Eid television commercials this year   Zain’s diversity and inclusion program has also proven extremely
        received a remarkable 20 million views on YouTube, indicative of   successful in further motivating employees given it is one of the
        the brand power of Zain. Today, Zain Group and its local operations   most progressive of any entity in the region.

        Zain Mulls $1.3B Offer for Sudan Operations



        Zain Group began  due  diligence  on a  $1.3  billion offer for its   deal did not include Zain’s business in South Sudan, a country
        mobile and ICT  managed services businesses  in  Sudan made   which became independent several years after the operator began
        by  a  subsidiary  of local conglomerate  Dal  Group. In a  stock   providing services to its citizens. Its operation in the new country
        market statement, Zain revealed it had received the bid for mobile   was  subsequently  spun-off  into a separate division. In Zain’s
        operation Zain Sudan and its sister managed services company   financial statements for each of the first three quarters of 2021
        Kuwait  Sudanese Holdings from  Dal Group  subsidiary  Invictus   it  has bemoaned currency  devaluation in Sudan  as  negatively
        Holdings. Dal Group is a business based in Sudan with a diverse   impacting  earnings. However, in Q3  it  also pointed  to positive
        range of  domestic interests spanning  the agriculture, energy,   subscriber additions in the market and changes being made to
        mining,  healthcare,  consumer  goods  and automotive sectors.   its pricing structure in an attempt to mitigate foreign exchange
        Zain noted  it  was  conducting  due diligence  on the offer before   losses.
        deciding whether to initially approve the deal. It also clarified the

                                                                                                    24   NOV-DEC 2021
   19   20   21   22   23   24   25   26   27   28   29