Tag: STC (Saudi Telecom Company)

Incumbent telco Saudi Telecom is investing US$100m for 10% of Careem, Uber’s main competitor in the Middle East, to diversify its portfolio of services. ...

Zain Saudi Arabia has appointed Peter Kaliaropoulos as CEO after Hassan Kabbani left the telco for personal reasons. Kaliaropoulos was until June the general ...

Kuwaiti telco Zain has shortlisted two bidders to buy its mobile towers in Saudi Arabia and expects to seal a US$500m-plus ...

Saudi operators Etihad Etisalat (Mobily) and Saudi Telecom (STC) have agreed to extend their MoU on the future of their tower assets for another 30 days. In ...

The Egyptian units of Vodafone and Etisalat have agreed to buy their licences to operate 4G and fixed-line services in the country. The stalemate between ...

Türk Telekom has responded to news that its majority shareholder Ojer Telekomünikasyon (Otas) has missed a payment on a US$4.75bn syndicated loan ...

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 ...

The GSMA has called for renewed talks between the Egyptian government and local mobile sector after the country’s recent 4G ...

The Egyptian units of Vodafone, Etisalat and Orange are reportedly not buying a 4G licence. Separately, Telecom Egypt is considering selling its 45% stake in Vodafone ...

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 ...