Report: Zain Saudi Arabia CEO to step down – Mobile World Live

Report: Zain Saudi Arabia CEO to step down

11 OCT 2011

The CEO of operator Zain Saudi Arabia is to resign according to a report in Kuwaiti newspaper al-Rai. Saad al-Barrak is expected to step down at the operator’s board meeting today although his reasons weren’t declared by the newspaper’s sources. Kuwaiti operator Zain recently failed to sell its 25 percent stake in Zain Saudi Arabia to Bahrain Telecom and Kingdom Holding in a deal worth US$950 million. Zain Saudi Arabia is the third largest operator in the Kingdom in terms of connections.

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Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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