Monday, January 30, 2012

STC abandons Iraq mobile licence plans, report says

Saudi Telecom Company (STC) has pulled out of the running for Iraq’s fourth national mobile licence, writes Bloomberg, citing a report by MEED which quotes STC’s chief executive officer Ghassan Hasbani. According to Hasbani, the firm abandoned its plan to bid for the concession after delays in awarding the contract. The company, which is Saudi Arabia’s largest telecoms operator by subscribers, will only be interested in the Iraqi licence if it receives ‘concrete’ information from the government, Hasbani said


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OVETEL STC abandons Iraq mobile licence plans, report says

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