Riyadh – Mubasher: Etihad Atheeb Telecommunication Company “Go” said that in case the government granted it a 15-year telecom licence, the value is expected to be offset by SAR 9.7 million yearly.
The company noted that by getting the new licence and after getting the required internal approvals, the remaining period of the license will be 33 years, according to a bourse filing on Monday.
The licence will have a positive impact on the company’s financial results, regardless the additional costs resulting from the extension.
Additionally, it may positively affect Go’s ability to provide new services to its customers.
