Kuwait-Mubasher: Hayat Communications said Tuesday that it signed a three-year agreement worth KWD 1.3 million with Kuwait Telecom Company, known as VIVA, for a project that covers different areas in Kuwait.
Under the agreement, Hayat will install and operate the fiber optic network’s sixth stage, according to a bourse filing.
VIVA is expected to generate profit margin representing 10% of the agreement value.
