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Tuesday, September 5, 2023

Saudi Arabia's STC Group to become Telefonica top shareholder with 9.9% stake

We "see this as a compelling investment opportunity to use our strong balance sheet whilst maintaining our dividend policy," STC CEO Olayan Alwetaid said in a statement, adding it doesn't intend to acquire "control or a majority stake".

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/LxtydnT

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