Saudi Zain forecasts 80% rise in 2010 revenue

18 February 2010

Telecoms company Zain Saudi Arabia expects a 25% rise in customers and revenue growth of at least 80% in 2010 as it increases its focus on broadband services, its Chief Executive Saad Al Barrak said on Tuesday. That would help Zain Saudi, the kingdom's third and newest mobile operator, to record positive core earnings before interest, taxes, depreciation and amortisation this year, he said, according to Reuters.

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