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English news

12-May-2016

Nokia to boost Zain KSA’s 4G network speed as demand grows

Nokia and Zain KSA [7030.SE] have signed an agreement to provide the latter with LTE equipment to boost its 4G network quality, enabling Zain KSA to provide data speeds up to 187.5 mbps. Zain KSA and Nokia have also signed an MoU to collaborate on the smart city project in KSA by 2018. (Voice & Data)   Zain KSA: SAR8.93 as of 11 May 2016, Rating: Neutral, FV: SAR9.49 per share, MCap: USD1,390 million, ZAINKSA AB / 7030.SE

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