Unified license may offer positive opportunities for STC

Riyadh – Mubasher: The Saudi Telecom Company (STC) now has a comprehensive license to provide fixed-line, mobile and data services, according to a bourse statement.

The license may provide positive opportunities for the telecom operator to provide new products to their customers, whether individuals or business segments.

“The company will be studying the unified license requirements according to regulations to be issued by Communications and Information Technology Commission in the future and then determine the possibility of the company unified services so as to achieve the best returns for its clients and investors,” the filing highlighted.

As a result, the company cannot currently estimate the financial impact on the delivery of these services.

Mubasher Contribution Time: 03-Oct-2016 08:33 (GMT)
Mubasher Last Update Time: 03-Oct-2016 11:24 (GMT)