BRIEF-Solutions By Stc Signs Contract With Saudi Telecom Co For Bulk-SMS Service

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SOLUTIONS

7202.SA

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Jan 25 (Reuters) - ARABIAN INTERNET AND COMMUNICATIONS SERVICES 7202.SE:

SOLUTIONS) ANNOUNCES SIGNING OF A CONTRACT WITH SAUDI TELECOM COMPANY (STC) (RELATED PARTY)
CONTRACT VALUE SAR 120 MILLION
CONTRACT FOR PROVIDING BULK-SMS SERVICE OFFERED BY STC
CONTRACT DURATION 24 MONTHS
CONTRACT FOR CONNECTING SOLUTIONS DEVICES TO SHORT MESSAGE SERVICE CENTER (SMSC) OF STC
FINANCIAL IMPACT ON FINANCIAL STATEMENTS WILL APPEAR STARTING FROM Q1

Source text for Eikon: ID:nSSE8l1J4w

Further company coverage: 7202.SE

((Reuters.Briefs@thomsonreuters.com;))

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