STC planning to launch 5G services for corporate sector by early 2020
Saudi Telecom Company (STC) [7010.SE] is planning to launch 5G services for the corporate sector by early 2020, according to CEO Nasser bin Sulaiman Al Nasser. STC launched 5G services commercially in June in a number of cities and has since lifted the number of 5G-enabled sites across the Kingdom.
Saudi Telecom Company: SAR100.60 as of 9 Oct. 2019, Rating: Neutral, TP: SAR92.50/share, MCap: USD53,646mn, STC AB/7010.SE
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