Zain-Mobily arbitration extended for 12 months

Riyadh-Mubasher: Mobile Telecommunications Co. Saudi Arabia (Zain Saudi) said the arbitration panel has decided to extend the arbitration period for 12 months starting from 10 December 2015, according to a bourse statement posted on Sunday.

On Saturday, a procedural session was held before the arbitration panel.

Mobily has been in dispute with Zain over SAR 2.2 billion Mobily says it is owed under a contract by which the former would provide services, including domestic roaming and site sharing to the latter.

Mubasher Contribution Time: 27-Dec-2015 06:10 (GMT)