Wednesday, March 04, 2009

Bahrain - STC as third mobile licensee

Bahrain licences STC

Saudi Telecom Company (STC) has received Bahrain's third mobile operator licence, following the completion of the necessary requirements. STC will have to set up STC Bahrain within the next 12 months, and the new entity will have to create a $300m fund for investing in the GCC economies.

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