Last updated: May 22, 2018

Zain Saudi Q2 net loss widens, misses forecasts

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Telecommunications operator Zain Saudi reported a wider second-quarter loss on Thursday, missing analysts’ forecasts.   The company has yet to make a quarterly profit since launching services in 2008 and has battled to compete against better-resourced rivals Saudi Telecom Co and Etihad Etisalat (Mobily).   Zain Saudi, 37 percent owned by Kuwait’s Zain, made a […]

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