Zain expects savings after outsourcing

Kuwaiti mobile firm, Zain, will save 30 per cent year-on-year in its first year of outsourcing key aspects of its African business, to help weather the downturn, Chris Gabriel, Zain Africa Chief Executive Officer, said on Wednesday.

As part of efforts to weather the global economic downturn, Zain has embarked on a restructuring programme that has seen it outsourcing its network building, operations and information technology systems. Gabriel said it was up to Zain’s shareholders to decide whether the group’s Africa assets should be sold. Zain Group, which plans to become one of the top 10 global mobile operators by 2011 with 110 million customers, has cut sales forecast by $1 billion due to the global financial crisis.

 

 

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