Mobile communications titan Vodafone has signed a multi-country partner agreement with Kuwaiti outfit Zain.
The agreement will see Zain offering Vodafone services and using the Vodafone brand across several of its key networks in the Middle East.
The two firms have identified Saudi Arabia, Bahrain, Kuwait, Jordan and Iraq as the first markets in which they will cooperate.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Britain's biggest mobile operator says there will be important benefits to multi-national customers operating in the region and adds it will work with Zain to enhance network coverage and harmonise roaming rates.
Ravinder Takkar, Chief Executive of Vodafone Partner Markets explained: "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."
BS
-
Lloyds axes foreign currency fees for Club Lloyds customersClub Lloyds customers will be able to withdraw their money abroad without incurring any extra fees
-
How to invest during stagflationTrump’s tariffs look poised to push the global economy into a period of stagflation. We look at how to ensure your investments can survive a global slowdown.
