Saudi Telecom bids for mobile license in Oman

01/05/2017 Argaam

Saudi Telecom Co. (STC) has submitted a technical and financial bid for the third mobile license in Oman, in line with the regulations set by the sultanate’s Telecommunications Regulatory Authority (TRA), the telecom operator said in a statement to Tadawul on Monday.

 

Oman awarded its first mobile license to Omantel, while the second license was bagged by Oman Qatari Telecommunications Co. (Ooredoo Oman).

 

STC's bid will include an integrated business plan, the statement said, adding that the move comes in line the telco's expansionary strategy.

 

The bidders' shortlist will be revealed on Aug. 14, 2017, and the winning bidder will be disclosed on Sep. 4, 2017. 

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