During Capacity Middle East 2021, Kamil Hilali (pictured), the company’s chief strategy officer and the newly appointed CEO of Zain Global Services (Wholesale), announced a significant restructuring and new strategy of Zain Group’s wholesale division, as part of the company’s 4Sight strategy.
During his fireside chat at the event, Hilali said, “Wholesale, and wholesale consolidation, offer a fantastic opportunity to face what has historically been a declining legacy business, and breath new, profitable life into it. Any telecom group willing to prepare for the future has to overcome underlying infrastructure challenges in order to become global in nature and establish vibrant international infrastructure that blends connectivity with computing power.”
All of Zain Group’s capacity, voice and roaming businesses are now managed under the Zain Global Services unit. In the long-term unit will evolve to become the single division for all Zain operating company requirements as well as for other international carriers with requirements within Zain’s footprint.
Ultimately Zain Global Services aims become a regional carrier and open up new revenue streams for the Group. In support of this, the company has revamped its strategy to create value for Zain operating companies by implementing cost efficiencies.
In addition, Zain’s scale and aggregated demand will also enable the business to invest in new assets and better use existing ones across its footprint.
“Zain Global Services can be the perfect partner to any business seeking connectivity or a presence in the Middle East,” continued Hilali.
“In the coming months, we look forward to announcing our participation in some exciting global projects that will define the entity’s new business paradigm which integrates a distributed mesh architecture made up of subsea and terrestrial infrastructure with a state-of-the-art layer of hyperscale and edge data centres”.