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Saudi's Atheeb Telecoms files court case against STC - ASHARQ AL-AWSAT English Archive
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JEDDAH, (Reuters) – Saudi’s Atheeb Telecom 7040.SE said on Tuesday it filed a court case against Saudi Telecom (STC) for violating regulatory and anti-monopoly laws, according to a bourse statement.

“The reason for Atheeb Telecom filing this case is due to the violations of STC with regard to the telecom regulations and the anti-monopoly laws which resulted in preventing Atheeb telecom from making large revenues, leading the company to make losses,” the firm said.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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