The Communications and Information Technology Commission (CITC) has issued the universal licence to Zain KSA [7030.SE], in line with the high order dated 1 October 2016. The licence will enable Zain KSA to offer all telecommunication services in KSA including fixed-line services. The exact impact on the company cannot be determined at this time, Zain KSA stated. (Company disclosure) Zain KSA: SAR9.25 as of 20 Feb. 2017, Rating: Neutral, TP: SAR6.56/share, MCap: USD1,440mn, ZAINKSA AB/7030.SE
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