The Communications & Information Technology Commission (CITC) announced that Integrated Telecom Company (ITC) and another telecom operator won the tender for providing the mobile virtual network operator (MVNO) services. The two companies were given a grace period of 90 days from the day of notifying them about the award to complete all regulatory requirements.
However, failure to fulfill such requirements by any of the two firms during the prescribed period will lead to awarding the tender to the third winner as an alternative, CITC added.
The telecom regulator also noted that the completion of requirements by the two firms to obtain the licenses within 90 days will bring the total number of awarded MVNO licenses in the Kingdom to four licenses.
In 2014, CITC awarded the MVNO licenses to Virgin Mobile KSA and Etihad Jawraa.
Source: https://www.argaam.com/en/article/articledetail/id/1440666