According to Mobily’s [7020.SE] CEO, Ahmad Farroukh, the company is awaiting necessary approvals to obtain the required spectrum to improve the network’s performance. On a separate note, Farroukh said that establishing a tower company should be positive for all the operators and will save Mobily billions in network costs. Farroukh added that the long-awaited verdict in the Zain KSA [7030.SE] dispute has not yet been concluded, and the final outcome would either be positive or will have a minor impact as the company had already set aside SAR1.2bn in provisions related to the claim. Mobily claims that it is owed SAR2.2bn for domestic roaming and site-sharing services it had provided to Zain KSA in 2008. (Argaam)   Mobily: SAR26.98 as of 13 June 2016, Rating: Neutral, FV: SAR30.39 per share, MCap: USD5,540 million, EEC AB / 7020.SE Zain KSA: SAR7.88 as of 13 June 2016, Rating: Neutral, FV: SAR9.49 per share, MCap: USD1,227 million, ZAINKSA AB / 7030.SE