Etihad Atheeb Telecom Co. (Go) received the approval of the Communications and Information Technology Commission (CITC) on commitment to deploy the network as per the CITC license for the 3.5GHz spectrum band, according to a bourse filing.
The telco was informed in a letter issued by CITC.=
The approval was related to using the assigned spectrum to cover at least 10% of the populated areas in the cities under the license.
The CITC will follow up on the company’s obligations to ensure the optimal use of the frequency spectrum, in accordance with the license and relevant regulations.
The company further will continue to enhance its infrastructure, deploy the network and fulfill its future obligations under the license.
The telco indicated that there is no relevant financial impact, the statement added.
In January, Etihad Atheeb obtained the CITC approval to extend the commitment period to deploy the network for an additional six months, Argaam reported.
Meanwhile, the telco was informed in a letter issued by the CITC in May that the license to use the 3.5GHz spectrum band frequency will be canceled if it fails to fulfill its obligations.
Source: https://www.argaam.com/en/article/articledetail/id/1586204