Beyon Secures Major Telecommunications Deal in Kuwait with $2.673 Billion Investment
Bahrain-based technology group Beyon has finalized a public-private partnership agreement with Kuwait's Ministry of Communications and the Kuwait Authority for Partnership Projects (KAPP). This agreement marks Beyon's selection as the primary investor for the Fixed Telecommunications Network Development Project in Kuwait. The initiative is one of the largest digital infrastructure projects in the country, with an investment exceeding KWD825 million (approximately US$2.673 billion) over a 50-year term. The project aims to overhaul Kuwait's telecommunications network by developing, designing, financing, building, operating, and maintaining a modern fixed telecommunications network. This includes the establishment of a specialized company to manage and operate wholesale infrastructure in line with international standards. The project will involve comprehensive upgrades, including the development of the last-mile access network, modernization of transport and backhaul networks, and the transition to next-gener... 
