7010 · 06/09/2017 08:01:14 · Announcement #47990 · View on Saudi Exchange

Saudi Telecom Company announces on the latest developments regarding its offer to bid for the third mobile license in Sultanate of Oman.

Reference to the announcement of Saudi Telecom Company (the company) published on Tadawul website on 5/8/1438 H corresponding to 1/5/2017 AD regarding its offer to Omani Telecommunications Regulatory Authority (TRA) in order to bid for the third license of the mobile phone network in Sultanate of Oman, the company would like to announce that it has received on 8/12/1438H corresponding to 30/8/2017 a notification from (TRA) indicating that it is still in the process of evaluating the received bids and the (TRA) is expecting the process to continue until 30/11/2017, and the Company will subsequently announce any developments in this regard at time.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.