Market intelligence, trend analysis and forecasts for the Telecoms industry across the regions

Companies / Bahrain

Saudi Telecom Expansion Plan Announced

March 2008 | Company News Alert
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Saudi Telecommunications Company (STC) plans to invest as much as US$15bn in buying new licences and existing operators in the Middle East, North Africa and Asia in a bid to diversify into new markets and create fresh revenue streams in much the same way that many of its smaller and nimbler peers have been doing for several years.