Saudi Telecom Company (STC) [7010.SE] has shelved plans to sell its mobile towers, Argaam quoted STC’s CEO, Nasser Al Nasser, as saying. The company is aiming to set up a new partnership project to efficiently manage the towers and “make the best out of them.”
Saudi Telecom Company: SAR83.26 as of 15 May. 2018, Rating: Neutral, TP: SAR71.00/share, MCap: USD44,405mn, STC AB/7010.SE
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