Beyon Group Secures Kuwait’s US$2.8 billion Fiber Broadband Network Development Contract

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Beyon Group Secures Kuwait’s US$2.8 billion Fiber Broadband Network Development Contract

Beyon has announced its selection by the Kuwait Authority for Partnership Projects (KAPP) as the Winning Investor for the Fixed Telecommunications Network Development Project in Kuwait.

The announcement signals the next stage in forming a dedicated project company under a 50-year PPP agreement. Under the arrangement, Beyon will be responsible for the design, financing, construction, operation, and maintenance of Kuwait’s nationwide high-speed fiber broadband network, with total investments expected to exceed US$2.8 billion over the concession period. The KAPP will own a 60% stake in the new entity, while Beyon will hold the remaining 40%. After the network becomes fully operational, KAPP plans to offer a portion of its shares through an initial public offering for subscription by Kuwaiti citizens. 

The initiative stands as one of Kuwait’s largest national infrastructure undertakings and represents a landmark regional achievement for the Beyon Group. The collaboration is set to deploy a nationwide high-speed fiber network covering around 90% of the country’s available plots. Designed to meet PPP specifications, the network will provide symmetrical speeds of up to 10Gbps, delivering robust and future-proof digital infrastructure to serve homes, businesses, and government institutions alike.

The award of the project follows a rigorous qualification and tender process, in which Beyon was selected ahead of several leading international competitors, having met the project’s technical and compliance requirements. Notably, the proposal was developed entirely in-house by Beyon’s teams, demonstrating the Group’s technical capability and leadership in fiber network transformation.

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