Saudi Telecom raises its stake in UAE media firm
Riyadh - Arabstoday
Saudi Telecom Co has bought a further 20% stake in UAE-based digital media firm Intigral for SR90m ($24m), Reuters has reported. Intigral provides content on mobile phones, television and the Internet for telecoms operators and Internet service providers. The deal will raise STC's stake in Intigral to 71%, with the operator funding the purchase through its own reserves.
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