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Saudi Telecom posts 32.6% profit fall 20 Jan 2015
Saudi Telecom, the Gulf's largest operator by market value, has reported a 32.6% fall in fourth-quarter profit, missing estimates, reports Reuters. ...
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MWC: SK and STC in smart city pact 05 Mar 2015
Korea's SK Telecom and Saudi Arabia's STC sign MOU for smart city cooperation. SK Telecom has signed a memorandum ...
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Banks meet to discuss Mobily debt 03 Feb 2015
Lenders meet to asses impact of $2.7bn accounting errors at Etisalat's Saudi operator. Lenders to Etisalat's Saudi Arabian ...
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Saudi Telecom sets up $1.33bn sukuk programme 27 May 2014
Saudi Telecom Co (STC), the Gulf's largest operator by market value, has established a 5 billion riyals ($1.33 billion) riyal denominated sukuk ...
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Saudi Arabia acquires minority investor shares in SITC 01 May 2014
Shareholders in Saudi Integrated Telecom Co (SITC), which is set to be wound up, could be compensated earlier than expected after Saudi ...
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Mobily ends talks to buy stake in smaller rival 04 Jun 2014
Saudi Arabia's Mobily has ended talks to buy a stake in fixed line operator Etihad Atheeb Telecommunications, reports Reuters. ...
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Mobily sacks CEO after accounting probe 25 Feb 2015
Investigation by Etisalat's Saudi Arabian operator leads to sacking of Khalid al-Kaf. Mobily, the Saudi Arabian operator controlled ...
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Zain awards $1.2bn network deals 26 Jun 2014
Saudi Arabia's third largest telecoms provider, Zain KSA has signed new contracts for infrastructure supply worth 4.5 billion riyals ($1.2 billion) to ...
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Zain examines sale of cell towers 28 Jan 2015
... Zain owns controlling stakes in mobile companies in Kuwait, Iraq, Sudan, South Sudan, Bahrain and Jordan, plus 37% of Zain Saudi Arabia. ...
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Saudi Arabia offers MVNO licences 16 Jan 2013
Saudi regulator plans to licence three companies to become mobile virtual network operators. Saudi Arabia's telecoms ...
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