Mobily: Etisalat Group ends discussions about increasing its ‎stake in the company

Etihad Etisalat Company “Mobily” announced that it had received a letter from the Emirati Etisalat Group stating the end of discussions and not pursuing the potential deal related to the increase of its stake in Mobily.

He company added in a statement on Tadawul that Etisalat Group affirmed at the same time its pride in its long and successful relationship with Mobily and the positive developments that the company has witnessed at all levels.