Riyadh – Mubasher: Saudi Telecom (STC) requested from banks to extend the deadline of paying Turk Telekom debts, after Oger Telecom missed its third payment in row of its debts.
Turk Telekom is a subsidiary of Oger Telecom.
STC owns a 35% stake in Oger Telecom.
Oger did not pay $290 million in September, and same payments in March 2017 and in September 2016.