February 12, 2018 / 6:34 AM / 2 months ago

BRIEF-Saudi Telecom Wins Spectrum For 1.56 Bln Riyals

Feb 12 (Reuters) - SAUDI TELECOM COMPANY:

* ANNOUNCES ACQUISITION OF ADDITIONAL SPECTRUM IN FREQUENCY BANDS 700 MHZ AND 1800 MHZ‍​‍​

* WON SPECTRUM FOR 15 YEARS STARTING DURING 2018 FOR TOTAL VALUE OF 1.56 BILLION RIYALS PAYABLE OVER 14 YEARS STARTING FROM 2019 Source text for Eikon: Further company coverage:

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