Saturday, April 21, 2007

Batelco, PCCW and Verizon get Saudi fixed-line okay

(Reuters) - The three new firms set up to operate the fixed-line services would also sell shares in initial public offerings before the end of 2008, said Abdulrahman al-Fehaid, deputy governor at the Communications and Information Technology Commission .

"CITC has approved the applications by the three bidders ... The commercial and technical evaluation is finished and the three firms qualified," Fehaid said.


Read more at Reuters.com Business News

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