Saudi Arabia’s Communications and Information Technology Commission (CITC) has set a deadline of 4 May for interested parties to submit applications for a mobile virtual network operator (MVNO) licence. The regulator will issue up to three MVNO concessions, the winners of which will be able to lease capacity from network operators Saudi Telecom Company (STC), Mobily or Zain. The licences are expected to be awarded twelve weeks after the bid deadline, and commercial launches must take place within twelve months. The fee is set at SAR5 million (USD1.33 million), and successful bidders will also have to pay 15% of their annual revenue to the CITC.
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