Zain KSA to invest SAR1.6bn to expand 5G network in Saudi Arabia

Zain KSA said on Wednesday that it will SAR1.6bn to expand its infrastructure, 5G network, and digital services ecosystem in Saudi Arabia, as part of the telecoms firm’s broader expansion strategy.

The telecoms company said it will expand its 5G network coverage to 122 cities and governorates across the kingdom, Makkah and the Holy Sites.

Zain KSA will be the first telecoms operator to secure full 5G coverage in the Holy Sites through all its towers.

Sultan bin Abdulaziz Al-Deghaither, the telecoms firm’s CEO said the expansion plan contributes to strengthening the country’s position as a global hub for innovation, digital solutions and communications under Vision 2030.

“The expansion plan falls within a framework of digital inclusivity and sustainability to achieve a tangible developmental impact that touches the lives of individuals and the community in Saudi Arabia.”

The investment plan advances the telecoms firm’s efforts to support the digital needs of the Pilgrims Experience Program, ensuring pilgrims an advanced digital experience that supports their spiritual and cultural journey.

The strategy will see the company increase the number of its 5G network sites in the country to more than 7,000, covering over 66 per cent of Saudi Arabia’s populated area. Zain KSA said around 45 per cent of the new expansion plan will support 5G-advanced technologies, increasing the network’s capacity and providing higher speeds.

Zain KSA launched the world’s first zero-carbon 5G network in one of the Red Sea destinations in October 2023. The company’s Q1 2024 net profit decreased to SAR67m compared to SAR1.1bn for the corresponding period a year earlier while its revenue rose by 4.7 per cent to SAR 2.5bn.

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