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FINANCIAL NEWS
Saudi Atheeb signs agreement with STC
06 Jun 2014
(MENAFN) Saudi Arabia’s Etihad Atheeb has signed an agreement to use Saudi Telecom Co’s (STC) fiber network, days after the landline operator scrapped a similar agreement with Mobily, according to Arab News.
There is an option for Atheeb, which uses the brand name GO, to buy extra rights to increase this to 100,000 connections, according to a statement to Riyadh’s bourse.
Atheeb’s statement said: “These ports will be used by GO to serve their clients with broadband Internet services and fixed voice services to both residential and small businesses.”
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