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Top related persons:
Ahmed Ali Alsohaily - 1 Ali Alsohaily - 1 I'm - 1 Zain KSA - 1 Al Alsohaily - 1
Top related locs:
Wall Silicon Saudi Arabia Saudi
Top related orgs:
5G - 1 Service - 1 Sea - 1 Zain - 1 Sea Global - 1

Search resuls for: "Zain KSA"


2 mentions found


☆ A zero-carbon 5G network is set to power a new Saudi resort, and it opens to travelers later this year
  + stars: | 2023-09-07 | by ( Chris Stokel-Walker | ) www.businessinsider.com   time to read: +4 min
The Six Senses Southern Dunes resort has the first 5G network powered by 100% renewable energy. And The Red Sea project in Saudi Arabia promises to be no different when the hospitality hub is completed. And the company behind The Red Sea project, Red Sea Global, has partnered with the Saudi telecommunications provider Zain KSA to cover that. Building a sustainable 5G network wasn't straightforwardHowever, 5G networks are traditionally highly energy-intensive. Recognizing that 5G can be a power drain, the companies redesigned how the 5G network worked.
Persons: Ahmed Ali Alsohaily, Ali Alsohaily, I'm, Zain KSA, Al Alsohaily Organizations: 5G, Service, Sea, Zain, Sea Global Locations: Wall, Silicon, Saudi Arabia, Saudi
☆ Zain Saudi Arabia moves ahead on towers sale to PIF-led group
  + stars: | 2022-10-16 | by ( ) www.reuters.com   time to read: +1 min
DUBAI, Oct 16 (Reuters) - Mobile telecommunications company Zain Saudi Arabia (7030.SE) said on Sunday it had transferred ownership of its unit Zain Business Limited to the Public Investment Fund (PIF), paving the way for the sale of the company's towers infrastructure. PIF has changed the unit's name to the Golden Lattice Investment Company (GLI), a statement posted on the Saudi stock exchange said, which will become the holding company in charge of the sale of Zain KSA's towers infrastructure units. The sale of 8,069 tower assets over to a PIF-led consortium was approved in February, with the deal valued at just over $800 million. As part of the asset purchase agreement, Zain Saudi will receive a cash amount of 2.4 billion riyals and a 20% stake in GLI. Register now for FREE unlimited access to Reuters.com RegisterReporting by Rachna Uppal Editing by Raissa KasolowskyOur Standards: The Thomson Reuters Trust Principles.
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