Saudi Telecom's tech unit eyes raising up to $960m in IPO

Saudi Telecom's tech unit eyes raising up to $960m in IPO

Telecom tower. Photo by Thomas Millot on Unsplash

Arabian Internet and Communications Services Co, a unit of Saudi Telecom, has set an indicative price range for its initial public offering, aiming to raise as much as 3.6 billion riyals ($960 million).

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