Saudi Telecom Companies post USD18.1b revenues


(MENAFN) Saudi Arabian telecom companies recorded accumulated revenues of around USD18.1 billion for last year, marking a decrease by 3 percent compared to 2013, Saudi Press Agency reported.

The figures are released in a performance index report made by the Capital Market Authority, which additionally showed that revenues from mobile services accounted for 77.8 percent of total revenues.

Furthermore, the report added that the remaining 22.2 percent share were attributable to fixed telephone services.


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