STC and Cisco sign managed-service agreement to drive network capabilities
Saudi Telecom Company (STC) [7010.SE] and Cisco have signed a managed-service agreement, which will improve network agility and performance, in addition to reducing STC’s opex and capex. (Company disclosure) Saudi Telecom Company: SAR65.04 as of 27 Feb. 2017, Rating: Neutral, TP: SAR68.29/share, MCap: USD34,688mn, STC AB/7010.SE
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