saudi telecom raises its stake in uae media firm
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Saudi Telecom raises its stake in UAE media firm

Arab Today, arab today

Arab Today, arab today Saudi Telecom raises its stake in UAE media firm

Riyadh - Arabstoday
Saudi Telecom Co has bought a further 20% stake in UAE-based digital media firm Intigral for SR90m ($24m), Reuters has reported. Intigral provides content on mobile phones, television and the Internet for telecoms operators and Internet service providers. The deal will raise STC's stake in Intigral to 71%, with the operator funding the purchase through its own reserves.
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