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36.95 billion dollar CIT investment  by 2015

36.95 billion dollar CIT investment  by 2015
23 Dec

Riyadh - SPA

In a seminar arranged by Riyadh Chamber of Commerce, Eng. Abdul Aziz Hilail, IDC regional
manager, expected investment in the communications and information technology to grow to
$ 36.95 billion in 2015 up by 4.6% as compared to last year. Citing the present high
rates of mobile and land line services in Saudi Arabia of 25 Hallala and 10 Hallala
respectively as compared to world average of 8 and 3 Hallala respectively, Eng.
Hilail expects telecommunication companies to consider rates cut.

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