Saudi Arabian fixed-line operator Etihad Atheeb has filed a lawsuit against number one player STC, citing claims that it violated competition rules and regulations, reports Dow Jones.
Complaining to the country’s Grievances Bureau, Etihad Atheeb accuses…
Saudi Arabian fixed-line operator Etihad Atheeb has filed a lawsuit against number one player STC, citing claims that it violated competition rules and regulations, reports Dow Jones.
Complaining to the country’s Grievances Bureau, Etihad Atheeb accuses the incumbent of blocking termination of inbound international traffic, meaning that it is difficult for Atheeb subscribers to receive calls from overseas, according to a statement on the local stock exchange cited by the newswire. STC is also allegedly stopping its own customers from placing calls to toll-free numbers operated by Etihad Atheeb.
Etihad Atheeb, which received its licence in 2009, posted Q3 net losses that had doubled to R144m (US$38.4m), and partially blamed these on STC’s actions.
The company does not own a mobile licence, and therefore does not compete in that area with STC, Etisalat’s Mobily and Zain’s local KSA unit.
