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Mobily, STC starts talks on towers joint venture

2016-08-01 11:16:00| Telecompaper Headlines

(Telecompaper) Saudi Arabian telecom operators Mobily and Saudi Telecom Company (STC) said that they have signed an agreement to jointly explore options for their tower portfolios. The deal was aimed at extracting value from their respective towers with the aim of reducing their capital and operating expenditures on the portfolio.

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Category:Telecommunications

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