Zain tie-up with PalTel could be finalised this week

23 Mar 2009

Palestinian Prime Minister Salam Fayyad has confirmed that a deal for Zain to secure a major stake in PalTel could be signed in the next few days, reports Reuters. ‘There is advanced discussion in this regard and I hope that this issue will be concluded during the coming few days,’ said Fayyad. News first emerged regarding a possible tie-up between Zain and PalTel in January this year.

Palestinian Territory, Palestine Telecommunications Company (Paltel, incl. Hadara), Zain Group