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www.vodafone.com
Vodafone has entered a partnership agreement with Middle East mobile operator Zain. The non-equity partnership deal expands
Vodafone's presence in the Middle East and provides Zain with greater
access to Vodafone's global footprint, while advancing both operators’
ability to deliver communications services to multinational businesses
both in and out of the region. Vodafone will work with Zain companies
in Saudi Arabia, Bahrain, Kuwait, Jordan and Iraq. Zain will have
access to Vodafone’s devices and services in its home markets and will
be able to use the Vodafone brand.
Vodafone Group ("Vodafone") and Zain Group ("Zain") today jointly
announce a Partner Market agreement that will significantly expand
Vodafone’s Partner Market presence in the Middle East and provide Zain
customers with greater support in Vodafone’s global footprint.
Under the non-equity partnership agreement, Vodafone will work with
Zain companies in Saudi Arabia, Bahrain, Kuwait, Jordan and Iraq to
provide customers with high quality communications services. The move
will enhance both Zain and Vodafone’s ability to meet growing demand
among multinational businesses for sophisticated voice and data
communications solutions, as well as advanced roaming services within
the Middle East. This will complement Vodafone’s own regional
operations in Egypt and Qatar and increase the number of countries in
which Vodafone has Partner Market agreements to more than 50.
Zain will have access to Vodafone’s devices and services in its home
markets and become the preferred partner of Vodafone in respect of the
agreed areas of cooperation. Vodafone and Zain will work together to
provide customers with enhanced network coverage, harmonised roaming
rates across multiple countries with greater cost efficiencies and Zain
will be able to use the Vodafone brand.
Vodafone's multinational customers served by Vodafone Global
Enterprise will benefit by being able to add the Zain countries to
their existing contracts for international managed services, while
continuing to be serviced via a single point of contact. Zain will
similarly benefit from Vodafone's footprint. In addition, Vodafone
plans to support multinational corporations by providing communications
expenditure tracking and procurement services while introducing
innovative mobile price plans across the two organisations’ shared area
of operations.
"The partnership with Vodafone will allow Zain to bring tangible
benefits to both its customers and employees," said Zain Group Deputy
CEO and Chief Operating Officer, Mr Hisham Akbar. "This groundbreaking
agreement will give our customers innovative products and services from
around the world. At the same time, Vodafone’s commercial insights and
technical expertise will translate into significant operational
efficiencies for Zain over the long-term as we transition our networks
to next generation networks and beyond."
Mr Ravinder Takkar, CEO, Vodafone Partner Markets, commented: "Our
agreement with Zain provides an opportunity for Vodafone to build its
presence and work with a leading operator in the Middle East. By
combining the geographical reach of our companies' respective networks,
we can strengthen and deepen the benefits to our customers operating in
these large and dynamic markets. We are delighted that Zain has joined
our successful Partner Market community, which increases to more than
50 markets worldwide with the addition of Zain's Middle Eastern
countries."
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