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Zain plans to invest USD800m in Sudan in next five years

2 Dec 2022

Kuwaiti-owned telecoms company Zain Group has earmarked investment of USD800 million for its Sudanese operations over the next five years, reports Sudan News Agency (SUNA). In a meeting with the President of the Transitional Sovereignty Council Abdul-Fattah Al-Burhan, Zain Group’s Executive President and Vice Chairman of the Board of Directors Badr Nasser Al-Kharafi said that the firm will invest the funds in improving network and service quality, as well as the deployment of fibre-optic services. Al-Kharafi added that Zain will invest in digital services and digital banking services, stating that the company has begun procedures for obtaining a licence from the Ministry of Communications and Digital Transformation.

TeleGeography’s GlobalComms Database states that Zain Sudan is the country’s largest mobile operator by subscriptions with a market share of 47.7% at 30 September 2022, ahead of South Africa-based MTN with 26.3% and locally-owned Sudatel (Sudani) with a 26.0% share of subscriptions.

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