Wednesday, May 16, 2012
0805 GMT [Zawya Dow Jones]--HSBC says Saudi Telecom Co., or STC, should be best placed for an MVNO as it can book wholesale revenues from the low cost segment of the market and concentrate its marketing and acquisition efforts on the higher ARPU segments like the enterprise and post paid segments. "STC has the widest network in KSA with coverage spanning both urban and developing regions of the Kingdom; hence the STC MVNO would have a wider customer base," it says. Adds that Zain KSA would be most negatively affected as most of its customer base belongs to the low cost segment. MVNOs are expected to target this very segment with lower priced offers, it says. The Saudi telecom regulator said it will issue three MVNO licenses in 2012, and has issued a public consultation document to this end.(shereen.elgazzar@dowjones.com)
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
16-05-12 0807GMT
