Financial Times FT.com

Saudi telecoms newcomers find a tangled web

By Abeer Allam

Published: October 19 2009 17:52 | Last updated: October 19 2009 17:52

Veiled Saudi women take photos of their children during a ceremony to celebrate Saudi Arabia's Independence Day in Riyadh Reuters

In 2007, Etihad Atheeb Telecom paid $139m for Saudi Arabia’s second fixed-line licence, bringing to an end a monopoly enjoyed by Saudi Telecom, the kingdom’s incumbent provider.

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