7010 · 21/09/2017 09:10:01 · Announcement #48073 · View on Saudi Exchange

Saudi Telecom Company announces the latest developments regarding its mobile frequency licenses in the 700 MHz and 1800 MHz bands.

Reference to the announcement of the Saudi Telecommunications Company (the company) published on Tadawul website on 13/9/1438 H corresponding to 8/6/2017AD regarding obtaining the notification by the Communications and Information Technology Commission on 12 Ramadan 1438 H corresponding to 7 June 2017, by winning the private auction In the frequencies organized and overseen by the Authority in the 700 and 1800 MHz bands, the Company would like to announces that in date 29/11/1438H corresponding 21/8/2017AD has paid the first installment amounted to SR 752 million representing 30% of the total value of the auction for frequencies of 700 and 1800 MHz.

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