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Broadband

ITC agrees SAR 3.5 bln fibre roll-out with government

Tuesday 8 August 2017 | 18:17 CET | News
The Integrated Telecom Company (ITC) and the Ministry of Communications and Information Technology of Saudi Arabia have signed a SAR 3.5 billion agreement to roll out fibre-optic network in Saudi Arabia, reports ITP.net. Under the broadband initiative, financial support will be provided to ITC in the form of SAR 1.34 billion in regular installments. This will be dependent on the work carried out, as well as providing financial and regulatory exemptions. 

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Categories: Fixed
Companies: STC
Countries: Saudi Arabia
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