Posted inCommsMEA

In pics: Saudi telco licence extension

Saudi Arabia government has decided to provide telcos with unified licences

By CommsMEA staff writer  
In pics: Saudi telco licence extension
Zain Saudi Arabia has received a 15 Hijri year extension on its operating licence that was originally granted in March 2008 for 25 Hijri years and, following the extension, will now expire in January 2047. The extension is expected to benefit Zain KSA’s annual amortisation by approximately SAR 433 million ($115 million) per annum. Hass

Saudi Telecom said that the government’s decision to provide it and other telecommunications operators with “unified licences” would provide positive opportunities for the company across its business. (Source- Reuters)

Etihad Etisalat (Mobily) , an affiliate of UAE-based Etisalat , said that a unified licence would improve its positioning