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Saudi Telecom considers exiting Maxis

Connectivity BusinessbyConnectivity Business
September 20, 2016
in Investments, Space Services
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Incumbent Saudi Telecom (STC) is reportedly looking at its options for its indirect stake in Malaysia’s Maxis Communications. Saudi Arabia’s largest telco is considering selling its 25% holding in Binariang GSM, which has a controlling stake in Maxis, to a Malaysian pension fund or another financial investor. Incumbent Saudi Telecom (STC) (TASI:7010) is reportedly looking at its options for its indirect stake in Malaysia’s […]

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Tags: AircelAsia PacificBinariang GSMDiGi TelecommunicationsEtihad EtisalatMaxis CommunicationsOoredooPremiumReliance Communications (RCOM)StarHubSTC (Saudi Telecom Company)TelenorTF249
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