Zain Group records resilient revenues of US$3.9 billion and net profit of US$429 million for nine-month period of 2020

Zain Group records resilient revenues of US$3.9 billion and net profit of US$429 million for nine-month period of 2020

Chairman, Ahmed Al Tahous: “The Board working closely with management in expanding 4G and 5G networks to drive growth and minimize impact of COVID19” Vice-Chairman & Group CEO, Bader Al-Kharafi: “A challenging nine months necessitating more digitalization to support businesses, governments, and societies; we are optimistic of the telecom sector's resilience in such times” Rollout of “Zain Data Park” for cloud hosting, managed services and cybersecurity Zain enters digital infrastructure strategic partnership with TASC Towers Holding Continued COVID19 lockdowns and travel restrictions in key markets impact financials Ongoing efficiency drive reduces operational costs by USD 130 million Consolidated data revenue growing 9% Y-o-Y for the nine months Kuwait : Zain Group, the leading telecom innovator in eight markets across the Middle East and Africa, announces its consolidated financial