Vodafone (VOD.L) said it has agreed a deal with Kuwait-based telecoms operator Zain (ZAIN.KW) that would expand the global telecoms group's presence in the Middle East.
The firm said on Monday that under the non-equity partnership agreement it will work with Zain companies in Saudi Arabia, Bahrain, Kuwait, Jordan and Iraq, allowing it to offer its customers from other countries lower roaming fees when travelling in the region.
Vodafone, the world's biggest mobile operator by sales, has been seeking new agreements with local operators to spread its coverage while avoiding expensive buyouts or heavy investments.
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