Saudi Telecom Company (STC) in association with Astro All Asia Networks of Malaysia and Saudi Research and Marketing Group (SRMG) set up a new mobile content services company. The firm reportedly has a capital of USD74.8 million, will be 51% owned by STC, with Astro holding 29% and SRMG 20%. According to STC, the firm will have a potential customer base of 70 million.
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STC, Astro & SRMG in mobile content JV with a capital of $74.8 million (Saudi Arabia)
- October 30th, 2008
- 7:16 am
