Kuwait city: Beyon announced its selection by the Kuwait Authority for Partnership Projects (KAPP) as the Winning Investor for the Fixed Telecommunications Network Development Project in Kuwait.
According to Bahrain News Agency, the announcement made by KAPP marks a significant step in the preparations to establish a project company under a 50-year Public Private Partnership agreement. Beyon will be responsible for designing, financing, building, operating, and maintaining Kuwait’s nationwide, high-speed fibre broadband network, with a total investment exceeding $2.8 billion over the entire agreement period. KAPP will hold a 60% stake in the project company, while Beyon will have a 40% stake.
Once fully operational, KAPP plans to IPO a portion of the shares to be subscribed by Kuwaiti citizens. The project is one of the most substantial national infrastructure initiatives in Kuwait and represents a major milestone for Beyon Group in the region. The partnership aims to deliver a high-speed fibre network reaching 90% of Kuwait’s available plots, supporting 10Gbps symmetrical connectivity in line with PPP requirements. This will ensure robust, future-ready digital capacity for households, enterprises, and government entities, forming the backbone of Kuwait’s digital transformation strategy and contributing to Kuwait Vision 2035.
The awarding of the project follows a rigorous qualification and tender process, with Beyon selected over several leading international competitors. The proposal was developed entirely in-house by Beyon’s teams, showcasing the Group’s technical capability and leadership in fibre network transformation.
Beyon’s bid was bolstered by its extensive experience in large-scale fibre deployment across multiple markets, including Bahrain, Jordan, the Maldives, and the Channel Islands. The Group has delivered over 2.2 million home-passed connections, with fibre coverage in Bahrain reaching 95.4%. A significant aspect of the bid was Beyon’s experience in the structural separation of Batelco and the establishment of Bahrain Network (BNET) as a standalone wholesale entity, demonstrating the Group’s ability to execute complex transitions and regulatory compliance while maintaining service continuity.
Shaikh Abdulla bin Khalifa Al Khalifa, Chairman of Beyon Group, expressed honour at being selected as the Winning Investor for a project of national significance to Kuwait. He appreciated the confidence placed in Beyon by KAPP and the Ministry of Communications, highlighting the Group’s commitment to enabling advanced digital infrastructure across the region.
Andrew Kvalseth, CEO of Beyon Group, stated that the achievement follows two years of dedicated efforts, reflecting the Group’s engineering strength and operational capability. He emphasized that the Group’s digital-first operating model and established track record were key differentiators in the tender process. Kvalseth affirmed the Group’s readiness to proceed with implementation and establish the new Project Company in accordance with the concession requirements.
With the agreement announcement, Beyon will prepare for the next phase, ensuring all requirements are in place for the project’s timely progression. The Group will continue to coordinate closely with KAPP and the Kuwait Ministry of Communications to align with the programme’s objectives and readiness for implementation.