Mobily signs $650m financing deal
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Mobily signs $650m financing deal

Mobily signs $650m financing deal

Saudi telecoms operator Etihad Etisalat (Mobily) has signed memoranda of understandings with Nokia Siemens Networks and Ericsson to fund the purchase of $650m of equipment from the firms, Reuters has reported. Mobily said it would work with the Finland and Sweden export credit agencies to finalise the 10-year Shari'ah-compliant facilities.

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