NSN creates JV operation in Saudi

Nokia Siemens Networks (NSN) has entered an agreement with Saudi Arabian telecom specialists, Al Sarya Telecommunications Company and Belal Company, to form a joint-venture to expand its business in the kingdom.

The joint venture company, which will be called Nokia Siemens Networks al Saudia Ltd, will combine the local knowledge of Al Sarya Telecommunications Company and Belal Company with the scale and expertise of NSN to tap growth opportunities in Saudi Arabia.

The joint venture will complement and not replace NSN’s existing business in Saudi Arabia, focusing on service delivery and implementation. NSN’s Saudi office will focus on sales of equipment and services.

Under the terms of the deal, the joint venture will offer operators services in four main areas comprising: network implementation; business solutions; managed services; and hardware and software maintenance.

The new venture will be led by executive director Ali Damiri, who previously headed up NSN for Saudi, the Levant and Iran sub-region, covering six countries.

Al Sarya Telecommunications Company and Belal Company are both members of the Ghazzawi Group of Companies.