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Sunday, 2 October 2016

Saudi Arabia’s overhaul of telecoms licensing arrangement to boost operators | The National

Saudi Arabia’s overhaul of telecoms licensing arrangement to boost operators | The National:

"Etisalat’s Saudi subsidiary stands to benefit from an overhaul of the kingdom’s telecoms licensing regime, with the prospect of lower annual licence costs bringing comfort to the country’s troubled operators.

The Communications and Information Technology Commission (CITC) has extended the operating licence of fellow telco Zain KSA for a further 15 years, according to an announcement yesterday by the country’s Capital Market Authority.


Under the new licensing arrangement, Zain KSA will pay 5 per cent of its annual net income to the government for the duration of the "unified" licence. A unified licence enables operators to offer landline telephone and internet services as well as mobile services, breaking the fixed-line monopoly of Saudi Telecom.

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