Saudi Telecom Company (STC) [7010.SE] will continue to focus on investing in its core fixed and mobile networks, but will also venture into digitising its business such as investing in Internet of Things (IoT), data centres and digital platforms, according to STC’s CEO, Khalid Biyari in a phone interview with Bloomberg TV. Moreover, talks with Mobily [7020.SE] regarding a tower deal are still ongoing, and the recently-announced deal with Etihad Atheeb [7040.SE] does not change STC’s tower strategy, Biyari added. Biyari declined to comment on a potential increase of stake in Oger Telecom. (Bloomberg)   Saudi Telecom Company: SAR66.86 as of 1 Feb. 2017, Rating: Neutral, TP: SAR68.29/share, MCap: USD35,659mn, STC AB/7010.SE Mobily: SAR21.94 as of 1 Feb. 2017, Rating: Neutral, TP: SAR24.53/share, MCap: USD4,505mn, EEC AB/7020.SE