Zain

Zain

-People:*as a given name in general , orwith a first name of Zain*Zain Abbas , a Pakistan-born cricketer*Zain Amat , a Singaporean trapshooter*Zain Awan , an India-born Arab TV journalist...

 Saudi Arabia is the third mobile network operating company

Mobile network operator

A mobile network operator , also known as mobile phone operator , carrier service provider , wireless service provider, wireless carrier, or cellular company, or mobile network carrier is a telephone company that provides services for mobile phone subscribers.One essential...

 in Saudi Arabia, operating GSM technology. It launched on 26 August 2008 and it enrolled more than 2 million subscribers within 4 months of its launch. The company paid $6.1 billion dollars for its license to operate in Saudi Arabia for 25 years.

The company has been listed on Tadawul

Tadawul

Saudi Stock Exchange or Tadawul is the only stock exchange in Saudi Arabia. It is supervised by the Capital Market Authority. The Tadawul All-Share Index reached its highest point at 20,634.86 on 25 February 2006. It lists 144 publicly traded companies...

, the Saudi Stock Exchange since March 22, 2008.

Under the brand "One Network", the company offers local calls and SMS at local rates throughout the One Network countries – Bahrain, Burkina Faso, Chad, the Republic of Congo, the Democratic Republic of Congo, Gabon, Iraq, Jordan, Kenya, Malawi, Niger, Nigeria, Saudi Arabia, Sudan, Tanzania and Uganda.

The company negotiated a $2.5 billion Islamic loan in 2009.

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