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Zain KSA gets unified licence in exchange for 5% of net income

Connectivity BusinessbyConnectivity Business
October 3, 2016
in Space Services
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Saudi Arabia has agreed to grant Zain KSA (TASI:7030) a 15-year unified licence in exchange for 5% of the telco’s annual net income, the company said in a stock exchange filing. The country’s Capital Market Authority said in a statement on Sunday that the government had made the same offer to the other three MNOs.  Saudi Arabia has agreed to […]

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Tags: Etihad AtheebEtihad EtisalatIndustrial and Commercial Bank of China (ICBC)Middle EastPremiumSTC (Saudi Telecom Company)TF249Zain Saudi Arabia
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