BREAKING NEWS

Vodafone nears Mid-East roaming deal

LONDON - Vodafone is close to signing an agreement with Kuwait-based telecoms operator Zain to gain access to its Middle East networks, a person familiar with the situation told Reuters on Friday.
The deal would cover several countries in the region including Saudi Arabia, Iraq and Bahrain, allowing Vodafone to offer its customers from other countries lower roaming fees when traveling in the region.
Vodafone, which has recently completed a scaling back of its portfolio after years of rapid expansion, is seeking new agreements with local operators to spread its coverage while avoiding expensive buyouts or heavy investments.
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