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Be aggressive to meet N100tr targetfor national assets, FG tells MOFI

Be aggressive to meet N100tr targetfor national assets, FG tells MOFI
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How the Saudis became a top shareholder in Telefonica, Spain's telecoms giant, ET Telecom

STC had spent months building its 2.1 billion-euro ($2.25 billion) stake, said the people, requesting anonymity because of the sensitivity of the matter. The move is a vote of confidence in Telefonica, burdened by billions of dollars in debt while STC gains expertise to modernize Saudi telecoms infrastructure. ....

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