Disclosure of Material Information Form


Details
MOBILE TELECOMMUNICATIONS COMPANY K.S.C.P
30/06/2026

Material information form

Others
Zain’s disclosure regarding Material Information
30/06/2026
Further to our disclosure dated 15/5/2026 regarding the participation of Mobile Telecommunications Company K.S.C.P. – “Zain” in the international tender issued by the Ministry of Communications and Information Technology in the Syrian Arab Republic, through a Request for Applications (RFA) process, for the award of a new mobile telecommunication license. We hereby inform you that Zain has received official notification from the Syrian Ministry of Communications and Information Technology confirming the award of the mobile license to the Company. This milestone follows a rigorous and highly competitive tender process, encompassing comprehensive technical and financial evaluations, in which Zain secured the award with the most competitive and fully compliant bid, for a total of USD 747 million. The license provides for the establishment of a new operating entity for a 25-year period (20 years plus an extendable 5-years), with an ownership structure of 75% held by Zain Group and 25% by a Syrian governmental entity. The license also includes a firm commitment for the new operating entity to execute a comprehensive investment program focused on modernizing infrastructure, expanding network coverage, enhancing service quality, and deploying the latest telecommunications technologies. This award represents a compelling strategic opportunity for Zain Group, combining the operation of an existing network and a current subscriber base of 6.3 million with the execution of a transformative investment program to build a state-of-the-art network aligned with the highest international standards. It further reinforces the Group’s presence in high-growth markets and strengthens its position as a leading regional TechCo.
The addition of a new operating market and its significant growth potential is expected to contribute positively to revenue and EBITDA over time. However, the financial impact cannot be determined at this stage.
إفصاح بورصة الكويت 30 يونيو 2026.pdf

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