Kuwait – Mubasher: Hayat Communications Co. (HAYATCOM) said Sunday it signed two contracts worth KWD 1.37 million with National Mobile Telecommunications (Ooredoo).
The first contract, worth KWD 683,000, includes the supply and execution of fiber-optic cables for 250 sites.
Meanwhile, the second contract, valued at KWD 690,100, is for maintenance works at 1,800 sites.
The two contracts have a term of one year, the company noted, adding that the financial impact from the two deals would be a profit margin of 10% of contract value.
