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Mobily May Spend $670m On Expansion Plan

Published Jun 20, 2010

Ghassan Hasbani, chief executive of the international division at Saudi Telecom (STC) has said the telecoms firm is looking for international expansion deals. "We are on a trail of rational expansion, but we are not looking just for financial investments but assets that make operational sense in South Asia, Middle East and North Africa. This is where our current footprints exist and where there are potential markets that would complement our current footprint.



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