Mobile Telecommunications Company Saudi Arabia (Zain KSA) has not yet received documentation from Etihad Etisalat (Mobily) to substantiate its claim that it is owed SAR 2.2 billion by the company, said Hassan Kabbani, Zain Saudi Arabia's chief executive.
"We gave our consent for arbitration upon Mobily's request; however, our position is very strong in this dispute," Kabbani told Al Arabiya news channel in a phone call. "We'll always act in the best interest of our shareholders.”According to data available on Argaam, Mobily, Saudi Arabia’s second-biggest telecom operator, sought arbitration in late 2014 to obtain SAR 2.2 billion it claimed that it was owed by Zain on providing it with roaming and data-sharing services on a deal signed by both companies in 2008.
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