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...