Wednesday 24 June 2015
Zain KSA signs a partnering agreement with Vodafone
"Zain Saudi Arabia" announced today, Monday September 3rd, that it has entered into a strategic partnership agreement with Vodafone, which will allow it to take full advantage of Vodafone’s advanced product and service portfolio, industry leading expertise and global presence.
Zain Saudi Arabia CEO, Mr. Fraser Curley stated, "We are very excited about the potential of this agreement, and believe it marks a major milestone in Zain KSA's development. It will provide significant benefits to our customers, both within the Kingdom and also when they travel overseas to any one of the many networks worldwide, owned or partnered with Vodafone. In addition, we will have access to a full range of advanced corporate and enterprise solutions that will allow our business customers to transform their whole communications with leading edge integrated services”.
The move is also seen by both companies to enhance their ability to meet the growing demand among multinational businesses for sophisticated voice and data communications solutions.
Mr. Curley reported that under this agreement Zain will become the preferred partner for Vodafone in the areas covered by the partnership agreement, noting that this program will benefit the subscribers of both companies with enhanced network coverage, harmonized roaming and greater cost effectiveness across the full combined footprint of Zain and Vodafone.
From his part, the Chief Executive Officer of the Partner Market programme in Vodafone, Mr. Ravinder Takkar commented on this partnership by saying: "Our agreement with Zain KSA, which has a strong presence in Saudi Arabia, is an opportunity for us to build our presence and work with a leading operator in the Middle East. We are delighted that Zain has joined our successful Partner Market community, which increases to more than 50 markets worldwide with this new agreement.”
It is worth mentioning that the agreement between the parties covers the services and business consultations, and does not include the sale or purchase of shares of either parties. Among the main features of this agreement is that it will open new horizons for commercial cooperation between the parties, and it will allow the two companies to take advantage of advanced services and innovative products for calls and data roaming in more than 50 countries around the world.