This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Zain And Huawei Ink MoU To Launch First Joint Innovation Center In Kuwait

To date Huawei has launched more than 28 joint innovation centers worldwide in addition to 16 global research and development (R&D) centers. Huawei annually invests an average over 10% of its total annual sales revenues into R&D, with approximately 70,000 of its more than 150,000 employees worldwide currently engaged in R&D activities.

"As a provider of the fastest mobile broadband services to customers across Kuwait, Zain has succeeded in evolving various generations of world-class technologies in order to provide its customers today with an expansive coverage network and high-speed LTE access," said Mr. Yaohong during the MoU signing ceremony. "Huawei is honored to have forged a long-term strategic partnership with Zain in the field of mobile broadband - both in Kuwait and across the Middle East region. Based on a mutual dedication to addressing customer needs, we are confident that this latest Joint Innovation Center will help bring the world's most advanced telecom services and applications to more people anytime, anywhere."

Zain had initially partnered with Huawei in launching LTE services in Kuwait under the banner "Wiyana Connect 4G LTE" in November 2012. Zain and Huawei expanded their LTE partnership after the successful deployment of earlier 2G & 3G networks in the country. 

Zain's current nationwide LTE network provides customers in Kuwait with the fastest mobile Internet speeds in the country, enabling a number of high-performance mobile applications and multimedia services including video conferencing, high-definition content transmissions, high-speed video downloads, and social networking platforms.

About  Zain

Zain is a leading telecommunications operator across the Middle East and North Africa providing mobile voice and data services to over 41.4 million active customers as of 30 June, 2012. With a commercial presence in 8 countries, Zain operates in the following countries: Bahrain, Iraq, Jordan, Kuwait, Saudi Arabia, Sudan and South Sudan. In Lebanon, the company manages 'touch' on behalf of the government. In Morocco, Zain has a 15.5% stake in Wana Telecom, now branded 'INWI', through a joint venture. Zain is listed on the Kuwait Stock Exchange (stock ticker: ZAIN). For more, please email  info@zain.com or visit:

http://www.zain.com

http://www.facebook.com/zain

http://www.twitter.com/zain

http://www.youtube.com/zain

About Huawei

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs