Saudi Telecom's tech unit aims to raise up to $960 million in IPO - NewsBreak
By Vikash in Business
Updated 3 years ago
Arabian Internet & Communications Services Co., a Saudi Telecom subsidiary engaged in IT Counselling and system Integration Services Sector, had been exploring an option to raise as many as $960 million or 3.6 billion Saudi Riyals at a planned public market floatation, the unit of Saudi Telecom also dubbed as STC, said in a regulatory filing on Sunday.