Saudi Telecom

Saudi Telecom buys chunk of Maxis

It has emerged that Saudi Telecom is looking to buy into Malaysian market leader Maxis Communications. The Saudi operator’s plan is to acquire 25 per cent of Maxis, specifically by taking over a 51 per cent stake in its Indonesian operation for some SAR11.4bn ($3.04bn). Maxis is apparently thirsty for capital to fund further overseas […]

Polls

With Amazon and Google launching smart home initiatives, have the telcos missed out on their chance to cash in on this market?

  • Yes, Google and Amazon will now dominate this space (65%, 40 Votes)
  • Consumers won't have made up their mind (19%, 12 Votes)
  • No, Google and Amazon will not be able to replace the telcos in the mind of the consumer (16%, 10 Votes)

Total Voters: 62

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