damascus calling

Zain to build Syria’s second mobile network in $1.5B deal

The Kuwait-based telecom company will pay $747 million for the license, invest about $800 million to upgrade Syria's aging wireless infrastructure

Zain

Zain headquarters in Kuwait City

Kuwait’s Zain is betting more than $1.5 billion on Syria, agreeing to build and operate the country’s second mobile network in what would rank among the biggest foreign investments since Bashar al-Assad’s ouster.

The telecom company, formally known...