STC tower management unit set to begin commercial operations

Thursday 16 May 2019 | 10:40 CET | News

Saudi operator's STC tower management subsidiary will start commercial operations soon, CEO Nasser bin Sulaiman Al-Nasser told Argaam. It is expected to add value to STC’s business in the coming years, as there are great cooperation opportunities with other operators on tower management and telecom infrastructure, Al-Nasser said.

Meanwhile, Sulaiman said that STC’s investment in regional ride-hailing firm Careem was very successful and represents its diversified investment strategy. STC plans to take advantage of any feasible opportunity that would add to its business integration, as the firm has all the financial, technical and logistic capabilities to pursue opportunities, whether in new licensing or ICT acquisitions.


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Categories: Fixed
Companies: Careem / STC
Countries: Saudi Arabia
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