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BRIEF-Saudi telecom acquires mobile frequencies for 2.51 bln riyals
June 8, 2017 / 6:41 AM / 6 months ago

BRIEF-Saudi telecom acquires mobile frequencies for 2.51 bln riyals

June 8 (Reuters) - Saudi Telecom Company:

* Received mobile phone licenses in the frequency bands 700 mhz and 1800 mhz for 2.51 billion riyals

* 30 percent of value to be paid in 2017, rest to be paid within 10 years in equal installments starting from year 2019 Source: (bit.ly/2s6P4Hj) Further company coverage:

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