DUBAI: Zain Saudi, Saudi Arabia's third biggest telecoms operator, said on Wednesday it has signed infrastructure supply contracts worth 4.5 billion riyals ($1.2 billion) to develop and expand its network.
The deal parties are Huawei, Nokia, NEC Corporation, Cisco Systems and Alcatel Lucent, Zain said in a statement on the Saudi bourse's website.
The operator said it would use its own financial resources to finance the deals. (Reuters)
