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FINANCIAL NEWS
Zain Sudan seeks South Sudan telecom license
13 Jul 2011
(MENAFN) Zain Sudan’s managing director, Elfatih Erwa, said that the firm started negotiations with South Sudan to get a telecom license in order to operate in the country, reported Arabian Business.
Erwa added that until the telecoms operator would reach a new license agreement with the new government, Zain Sudan would keep its operations in the South as usual, adding that the comapny would split its Sudan operations once South Sudan would get an international dialing code.
He also said that Zain Sudan had a 57 percent share in Sudan’s mobile market that in the first quarter generated revenues of USD273 million, nevertheless, just 6 percent of this came from the South.
It is worth noting that South Sudan is considered to be one of the world’s least-developed countries. The country’s size is about the size of France; however, it is estimated by some officials to have just 50 km of paved roads and only 1 million of the country’s 8 million people have mobile phones.
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